Question: QUESTION 1 (25 marks): 1) Differences and similarities between the preparation of the statement of cash flow using the direct and indirect method when the

QUESTION 1 (25 marks): 1) Differences and similarities between the preparation of the statement of cash flow using the direct and indirect method when the firm is using IFRS? 2) Discuss the similarities and differences between zero profit, completed contract, and percentage of completion methods of accounting for long term contracts

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