Which of the Following Would Be Added to Net Income

question 4

Multiple Choice

Which of the following would be added to net income when using the indirect approach to prepare the cash from operating activities of the Statement of Cash Flows?

• A) increase in inventory
• B) gain on sale of investments
• C) increase in dividends payable
• D) decrease in accounts receivable

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Definitions:

Board Of Indian Commissioners

An oversight body established in 1869 by the U.S. government to monitor the administration of policies related to Native American peoples, especially regarding the management of supplies and treaties.

Ulysses Grant

The 18th President of the United States (1869–1877) and a leading Union general during the American Civil War, known for his decisive victories against the Confederate States.

Peace Policy

A term that might refer to various historical strategies or policies aimed at establishing or maintaining peace among nations or groups, such as U.S. government efforts to pacify Native American tribes in the late 19th century.

Reservation Policy

A governmental policy that sets aside lands specifically for indigenous peoples.