Which method of reporting operating cash flows produces the higher amount?
Answer
Both methods produce the same net figure (dollar amount of operating cash flow).
Question
Which method of reporting operating cash flows produces the higher amount?
Answer
?
Question
Which method of reporting operating cash flows produces the higher amount?
Answer
Both methods produce the same net figure (dollar amount of operating cash flow).
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Subject 2. Preparing the Cash Flow Statement al 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 reporting net cash flows from operating activities. <span>Both methods produce the same net figure (dollar amount of operating cash flow).
Under IFRS and U.S. GAAP, both the direct and indirect methods are acceptable for financial reporting purposes. However, the direct method discloses more information ab
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