Firms have the option of using either the direct or indirect method to prepare the statement of cash flows.
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Q24: The direct method of preparing the statement
Q25: The direct method is required by IFRS
Q26: Both the direct and indirect methods yield
Q28: The proceeds from the disposal of property,plant
Q30: The direct method calculates the net cash
Q31: Most acquisitions of property,plant and equipment are
Q32: Information to prepare the statement of cash
Q33: The statement of cash flows explains how
Q34: If accounts receivable have a positive effect
Q37: Accounting standards require companies to include a
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