If a Company Uses the Indirect Method to Determine Net

question 70

Multiple Choice

If a company uses the indirect method to determine net cash flows from operating activities:

• A) gains must be added to net income and losses subtracted from net income.
• B) gains and losses must be added to net income.
• C) gains must be subtracted from net income and losses added to net income.
• D) gains and losses must be subtracted from net income.

---

Definitions:

Pierre Bourdieu

A French sociologist and anthropologist known for his theories on social capital, cultural capital, habitus, and the social structures of domination and power.

Cultural Capital

The accumulation of knowledge, behaviors, and skills that one can tap into to demonstrate one's cultural competency and social status.

Power Relations

The dynamics of power between individuals or groups, including how power is distributed, exercised, and resisted in social interactions.

Academia

The community involved in higher education and research, often associated with colleges and universities.