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Validation in Selection Refers to the Process of Discovering What

question 2

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Validation in selection refers to the process of discovering what and how well a se4lection procedure measures.

Identify the adjustments made to net income under the indirect method for calculating net cash provided by operating activities.
Recognize the impact of changes in current assets and liabilities on cash flows.
Distinguish between direct and indirect methods for determining cash provided by operating activities.
Identify cash inflows and outflows associated with financing activities.

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