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Some believe that iGAAP provides too many choices within its accounting guidance. Is this a possible concern in the area of cash flow reporting? Explain.

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Some believe that iGAAP provides too many choices within its accounting guidance. Is this a possible concern in the area of cash flow reporting? Explain.
Answered Same Day Dec 21, 2021

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David answered on Dec 21 2021
125 Votes
Some believe that IGAAP provides too many choices within its accounting
guidance. Is this a possible concern in the area of cash flow reporting?
Explain.
IGAAP allows for reporting as per cash flows is not a major cause for concern. This
is because as the major difference in which US GAAP...
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