Amortization of Patents Can Be Added to Income in the Operations

question 6

Multiple Choice

Amortization of patents can be added to income in the operations section of the statement of cash flows because:

• A)it is not a tax deductible expense.
• B)it results in an increase in income.
• C)it does not require the outlay of cash.
• D)patent amortization is not an expense.
• E)it represents an inflow of cash.

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