Using the Indirect Method to Prepare the Statement of Cash

question 55

True/False

Using the indirect method to prepare the statement of cash flows,an increase in accounts receivable is subtracted from net income in calculating Net cash provided by operating activities.

---

Definitions:

Genetic Flow

The transfer of genetic material between populations of the same species or between different species, leading to changes in genetic makeup.

Genetic Drift

A mechanism of evolution involving random fluctuations in the frequency of alleles within a population, which can cause genetic variation to decrease over time.

Bottleneck

A sudden decrease in a population size caused by adverse environmental factors; may result in genetic drift; also called genetic bottleneck or population bottleneck.

Directional Selection

A type of natural selection that favors one extreme phenotype over another, causing the allele frequency to shift in one direction.