When preparing a statement of cash flows, the following are used for which method in determining cash flows from operating activities?
Gross Accounts Receivable Net Accounts Receivable
a. Indirect Direct
b. Direct Indirect
c. Direct Direct
d. Neither Indirect
Answer: B
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Accounting Chapter 23
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- Which of the following is false concerning the statement of cash flows?
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- Which of the following statements is correct?
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