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All of the following statements are true regarding cash flow presentations except Question 20

For each of the following items , indicate by using the appropriate code letter , how the item should be reported in the statement of cash flows , using the indirect method . ===================================================

Chapter 10 Quiz Question 1

A current liability must be paid out of current earnings . Question 2

Most notes are not interest bearing . Question 3

Unearned revenues are received before goods are delivered or services are rendered . Question 4