ACC 291 Week 4 Discussion Question 1

October 20, 2015  |  By  | 

FOR MORE CLASSES VISIT Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does each section tell you about the operations of a company? What are 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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