Which of the Following Would Be Added to Net Income

question 52

Multiple Choice

Which of the following would be added to net income when using the indirect approach to prepare the cash from operating activities of the Statement of Cash Flows?

• A)increase in inventory
• B)gain on sale of investments
• C)decrease in wages payable
• D)decrease in accounts receivable

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Definitions:

Disjuncture

A separation or lack of alignment between components or ideas.

Structural Functionalism

A sociological theory that views society as a complex system whose parts work together to promote solidarity and stability.

Conflict Theory

A sociological perspective emphasizing the role of power disparities and economic conflict in creating and perpetuating social inequality.

Macro-level Focus

An approach in sociological study that examines large-scale social processes, such as social institutions and system-wide social patterns.