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XACC 291 Direct and Indirect Cash Flows

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write 350-word response regarding the differences between the direct and indirect presentation of cash flows. Why does the Financial Accounting Standards Board allow both methods? Which do you prefer? Why?

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[Solved] XACC 291 Direct and Indirect Cash Flows

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  • Submitted On 11 Mar, 2015 01:41:47
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XACC 291 Direct and Indirect Cash Flows

write 350-word response regarding the differences between the direct and indirect presentation of cash flows. Why does the Financial Accounting Standards Board allow both methods? Which do you prefer? Why?

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