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In a Co-Ordinate Graph with Y on the Vertical Axis

question 15

Multiple Choice

In a co-ordinate graph with Y on the vertical axis and X on the horizontal axis,the variable X is positive and the variable Y is positive in the ________quadrant.

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Definitions:

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for changes in non-cash accounts to calculate operating cash flow.

Net Cash Flows

The total amount of cash being transferred into and out of a business, after all revenues and expenses have been accounted for.

Accumulated Depreciation

The total amount of depreciation expense that has been charged against a fixed asset since it was put into use.

Investing Section

A part of the cash flow statement that shows the cash flow from all investing activities, which typically include purchases or sales of long-term assets like property, plant, and equipment.

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