Which of the Following Is Not One of the Reasons

question 67

Multiple Choice

Which of the following is not one of the reasons why net income differs from cash flows from operations under the indirect method of calculating cash flows?

• A) non-cash items, such as depreciation and amortization
• B) changes in working capital accounts
• C) gains and losses related to the sale of plant, property and equipment
• D) sale or repurchase of capital stock

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