Which of the Following Would Be Added to Net Income

question 198

Multiple Choice

Which of the following would be added to net income using the indirect method?

• A) An increase in accounts receivable
• B) An increase in prepaid expenses
• C) Depreciation expense
• D) A decrease in accounts payable

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Definitions:

Boston Massacre

A confrontation on March 5, 1770, in which British soldiers killed five colonial civilians in Boston, escalating tensions leading to the American Revolution.

Manslaughter

A legal term for the killing of a human being without the intention to do so, either in a voluntary act in the heat of the moment or involuntarily through negligence.

Trial

A formal examination of evidence by a judge, and typically a jury, in order to decide guilt in a case of criminal or civil proceedings.

Linear Loads

A type of electrical load where the current is directly proportional to the voltage, resulting in a constant load impedance throughout the operation.