Which of the following statements reflects a point brought out in the lecture related to...
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Accounting
Which of the following statements reflects a point brought out in the lecture related to the preparation of the cash flow statement?
a. The majority of companies use the direct method.
b. The majority of companies use the indirect method.
c. The use of the direct method and indirect method is about 50/50.
d. The indirect method is not allowed in the United States but is allowed under international accounting standards.
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