Question: When preparing a statement of cash flows using the direct method, a net loss reported on the income statement will: Question 9 options: automatically result
When preparing a statement of cash flows using the direct method, a net loss reported on the income statement will:
Question options:
automatically result in a cash outflow from operating activities.
be included in financing activities.
be disclosed as a note to the statement of cash flows.
not be included on the statement at all.
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