Under the Indirect Method, a Gain from the Sale of Land

question 163

Short Answer

Under the indirect method, a gain from the sale of land is subtracted from ___________ in the operating activities section of the statement of cash flows.

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Definitions:

Semantic

Relating to meaning in language or logic, particularly the meaning of words, phrases, signs, and symbols.

Procedural

Procedural refers to the way in which something is done or the method by which a task is completed, often related to automatic processes or routines.

Episodic

Pertaining to a form of memory that involves the recollection of specific events, situations, or experiences in one's life, often with a time and place context.

Working

Engaging in activities or duties that contribute to the production of goods, services, or results in any sector.