Which of the Following Items Would Be Deducted from Net

question 30

Multiple Choice

Which of the following items would be deducted from net income to determine the net cash provided by operating activities using the indirect method?

• A)gain on sale of noncurrent assets and amortization of discount on investment in bonds
• B)amortization of bonds payable premium and amortization of intangibles
• C)loss on sale of noncurrent assets and amortization of investment credit
• D)gain on sale of noncurrent assets and amortization of premium on investment in bonds

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Definitions:

Linguistic Relativity Hypothesis

A theory suggesting that the structure of a language affects its speakers' worldview or cognition.

Benjamin Lee Whorf

An American linguist and fire prevention engineer known for his ideas on linguistic relativity, the hypothesis that the structure of a language affects its speakers' world view or cognition.

Theorist

An individual specializing in the development of theories, often within a specific domain such as science or philosophy.

Bilingualism

The ability of an individual to use two languages effectively, often characterized by fluency in speaking, reading, and writing in both languages.