ACC 421 week 4 DQ 3 - 1737

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What are the differences between the direct and indirect method of presenting a statement of cash flows? Which method of presenting a statement of cash flows is the best? Why? What method does your company use for preparing a statement of cash flows?

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The difference between indirect and direct methods is the amount of information. The indirect method shows all accounts that are involved in cash so a person can see where the cash flow and outflow per section is coming from individ