What are the key differences between the cash flow statement requirements for Enterprise Funds and those for
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The key differences are that 1 governments must report cash flows in four different categories compa...View the full answer
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Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
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In order to determine the amount of cash created by operating operations, the indirect technique for preparing the statement of cash flows entails adjusting net income with changes in balance sheet.
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