Net Cash Provided by Operating Activities Under the Indirect Method

question 31

Multiple Choice

Net cash provided by operating activities under the indirect method must be ________ net cash provided by operating activities under the direct method.

• A)equal to
• B)larger than
• C)smaller than
• D)none of the above

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Definitions:

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A business structure in which a single individual owns and operates the business, taking full responsibility for its debts and liabilities.