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NEW QUESTION: 1
In practice, companies who use the direct method in presenting cash flows from operations:
A. must also disclose cash flows from operations using the indirect method.
B. must be privately held or closely held corporations.
C. must classify interest paid as an investing activity.
D. are not required to report cash flows not incurred during the ordinary course of business.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The advantage of the indirect method is it reconciles differences between net income and cash flows from operating activities.

NEW QUESTION: 2
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A. 聞く
B. 診断
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Answer:
Explanation:

Explanation

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