Which of the Following Is Added to Net Income When

question 72

Multiple Choice

Which of the following is added to net income when computing net cash from operating activities under the indirect method?

• A) increase in income tax payable
• B) increase in deferred tax asset
• C) decrease in deferred tax liability
• D) increase in income tax expense

Understand the difference between a hypothesis and a prediction.

Recognize the various sources of research ideas.

Identify proper methods for developing a research hypothesis.

Know the role of serendipity in scientific discoveries.

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Definitions:

Monte Carlo Simulation

A computational algorithm that uses repeated random sampling to obtain numerical results, typically used to assess risk and uncertainty in prediction and modeling.

Contingency Funds

Reserved money set aside by organizations or projects to address unforeseen events or emergencies that may incur additional costs.

Risk Profile

A risk profile is a quantified analysis of the types of threats an organization, asset, project, or individual faces, focusing primarily on the risk exposure level.

Political Risk

The potential for losses or adverse effects on company operations and profitability due to political changes or instability in a country.