Which of the Following Adjustments to Convert Net Income to Net

question 13

Short Answer

Which of the following adjustments to convert net income to net cash provided by operating activities is incorrect? $\begin{array}{lll}&\text { Add to Net Income }&\text { Deduct from Net Income }\\\text { a. Accounts Receivable } & \text { decrease } & \text { increase } \\\text { b. Prepaid Expenses } & \text { increase } & \text { decrease } \\\text { c. Inventory } & \text { decrease } & \text { increase } \\\text { d. Accounts Pavable } & \text { increase } & \text { decrease }\end{array}$

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Definitions:

Linear Programming

A mathematical method for determining a way to achieve the best outcome, such as maximum profit or minimum cost, in a given mathematical model.

ISO Certification

A standardization seal awarded by the International Organization for Standardization, indicating that a company meets high criteria of quality and efficiency.

International Quality Standards

Guidelines and specifications set by international bodies to ensure products, services, and systems are safe, reliable, and of good quality.

Operations

the day-to-day activities required for a business to function effectively, including production, supply chain, and service delivery.