Question: True or False Question True or false: When preparing the statement of cash flows using the direct method, Cost of Goods Sold must be adjusted

True or False Question

True or false: When preparing the statement of cash flows using the direct method, Cost of Goods Sold must be adjusted to a cash number because the cost of merchandise sold may be more or less than the amount of cash paid to suppliers during the period.

True false question.

True

False

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