The indirect method calculates the net cash flow from operating activities by adjusting net profit or loss for the effects of:
A) Changes during the period in inventories and operating receivables and payables.
B) Non-cash items such as depreciation,provisions,deferred taxes.
C) All other items included in the net income for which the cash effects are investing or financing cash flows.
D) All of these
Correct Answer:
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Q1: Which of the following transactions is not
Q2: Which of the following equations is correct?
A)
Q3: Given the following data:
What is the amount
Q5: Which of the following items is (are)difficult
Q6: The cash flows from operating activities are
Q7: Which of the following transactions is not
Q8: Past cash flows aid users of the
Q9: Which of the following transactions is not
Q10: Activities that involve obtaining resources as a
Q11: Which of the following equations is not
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