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nearly all major companies in the united states use the direct method to prepare the statement of cash flows. t or f
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34 votes
nearly all major companies in the united states use the direct method to prepare the statement of cash flows. t or f

User Driveguy
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18 votes
18 votes

Answer: false

Step-by-step explanation:

Most of the companies in the united states use indirect method since net income is adjusted from accrual basis to cash basis

User Charlb
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