Question: Using the indirect method for a statement of cash flows, cash flow from operations A. can be calculated by adding to or deducting from net

Using the indirect method for a statement of cash flows, cash flow from operations

A.

can be calculated by adding to or deducting from net income changes in current assets (other than cash) and current liabilities and noncash items on the income statement.

B.

is equal to accrual based income.

C.

can be calculated by adding to or deducting from net income changes in current assets (other than cash) and current liabilities and cash items on the income statement.

D.

is always positive.

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