In the future - item. c) the IASB will not allow companies...

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In the future, it appears likely that: a) the income statement and balance sheet will have headings of operating, investing, and financing, much like the statement of cash flows. b) cash and cash equivalents will be combined in a single line
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Unformatted text preview: item. c) the IASB will not allow companies to use the direct approach to the statement of cash flows. d) None of the above....
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This note was uploaded on 12/26/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

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