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tmason tmason
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A month ago
When preparing the statement of cash flows using the indirect method, losses from investing activities are deducted from net income to arrive at cash flows from operating activities.

▸ true

▸ false
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Managerial Accounting


Edition: 4th
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dcmc92dcmc92
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false

When preparing the statement of cash flows using the indirect method, losses are added to net income to arrive at cash flows from operating activities.
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