Using the Indirect Method, Which of the Following Adjustments to Convert

question 31

Multiple Choice

Using the indirect method, which of the following adjustments to convert profit to net cash provided by operating activities is not added to profit?

• A)gain on Sale of Equipment
• B)Depreciation Expense
• C)loss on Sale of Equipment
• D)amortization of Bond Discount

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Definitions:

Level 1 Cache

The fastest form of cache memory located within the CPU, designed to provide rapid access to the most frequently used data and instructions.

3D Sound

An audio technology that simulates the three-dimensional space, providing a more lifelike or immersive experience for the listener.

Surround-Sound

An audio system designed to create the illusion of sound sources surrounding the listener, enhancing the depth and immersion of the audio experience.

SSD Drives

Solid State Drives, storage devices that use integrated circuit assemblies to store data persistently, offering faster access times than traditional hard disk drives.