Which of the Following Would Require an Adjustment in the Computation

question 70

Multiple Choice

Which of the following would require an adjustment in the computation of cash flow from operations using the indirect method?

I. Depreciation expense
II. Loss on sale of asset
III. Sale of services to customers for cash
IV. Utility bill received and paid in cash

• A)I
• B)I and II
• C)I and III
• D)IV

---

Definitions:

Joint Movement

The action or process of moving or being moved at the points where two bones meet, allowing for flexibility and support.

Neurotransmitters

Chemical substances in the nervous system that transmit messages between neurons or from neurons to muscles.

Endorphins

Natural, pain-relieving chemicals produced by the body during stress, exercise, or pain, promoting feelings of well-being and reduce discomfort.

Morphine

A powerful pain-relieving medication derived from opium, used to treat severe pain.