Question: Compare and contrast the direct method and the indirect method for reporting cash flows from operations and the effects the presentations can have on the

Compare and contrast the direct method and the indirect method for reporting cash flows from operations and the effects the presentations can have on the understanding of the information by the users of financial statements

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There are two methods of cash flows which are Indirect method Direct method The direct method records the gross cash inflows and gross outflows from o... View full answer

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