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Choose the item below that would not...

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Accounting

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Choose the item below that would not cause a difference between the bank and book cash balances: Multiple Choice The company wrote checks that have cleared the bank. Deposits outstanding that have been recorded on the company's records, but not on the bank's. The company made an error in recording a deposit. The bank made an error in recording a deposit made by the company. Multiple Choice It guarantees the management will behave ethically. It helps protect against the theft of assets. It enhances the reliability of accounting information. It promotes efficient and effective operations. Which of the below is true about the methods of presenting the cash flow statement? Multiple Choice The direct method starts with net income and makes adjustments to arrive at the net cash provided by or used in operations. The indirect method starts with cash collected from customers and details cash inflows and outflows from operations. The indirect method starts with net income and makes adjustments to arrive at the net cash provided by or used in operations. The net cash provided by or used in operations will be different depending on whether the direct or indirect method is used

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