The IASB permits a company to use the direct method for the statement of cash flows or the indirect method.
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Q7: Any "non-cash" investing and financing transactions should
Q8: Depreciation expense reduces profit for the year
Q9: If cash increased during the year and
Q10: Net cash from operating activities will have
Q10: All cash receipts and cash payments not
Q10: In a statement of cash flows,the term
Q12: Dividends paid belong in the operating section
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Q18: The purchase of equipment for the manufacturing
Q23: Under the indirect method,when machinery is sold
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