The [...] method reconciles net income to net cash flow from operating activities.
Answer
indirect method
Question
The [...] method reconciles net income to net cash flow from operating activities.
Answer
?
Question
The [...] method reconciles net income to net cash flow from operating activities.
Answer
indirect method
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Subject 2. Preparing the Cash Flow Statement ;
It adjusts each item in the income statement to its cash equivalent. It shows operating cash receipts and payments. More cash flow information can be obtained and it is more easily understood by the average reader.
<span>The indirect method reconciles net income to net cash flow from operating activities by adjusting net income for all non-cash items and the net changes in the operating working capital accounts.
It shows why net income and operating cash flows differ. It is used by most companies.
The direct and indirect methods are alternative formats for reporti
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