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Under the Indirect Method,the Amount of Cash Flow Fromnet Cash

question 116

True/False

Under the indirect method,the amount of cash flow fromnet cash flow from financing activities would be the same as if the direct method had been used.

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Definitions:

Equation

A mathematical statement that asserts the equality of two expressions, typically including variables and constants.

Solve

To find an answer or solution to a problem or equation.

Accurate

Free from errors or discrepancies; precise and correct in all details.

Percent

A fraction or ratio expressed as a part of 100.

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