(Answered)-8. Which of the following is incorrect about the state- ment of cash flows? (a) The direct method...

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8.    Which of the following is incorrect about the state- ment of cash flows? (a)  The direct method may be used to report cash provided by operations. (b)  The statement shows the cash provided (used) for three categories of activity. (c)   The operating section is the last section of the statement. (d)  The indirect method may be used to report cash provided by operations.  

 

Solution ID:10137741 | Question answered on 16-Oct-2016

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