Using the Indirect Method If Equipment Is Sold at a Gain

question 130

Multiple Choice

Using the indirect method if equipment is sold at a gain the

• A) sale proceeds received are deducted in the operating activities section.
• B) sale proceeds received are added in the operating activities section.
• C) amount of the gain is added in the operating activities section.
• D) amount of the gain is deducted in the operating activities section.

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Definitions:

Geographic Segmentation

The division of a market into different geographical units such as countries, states, regions, cities, or neighborhoods, to tailor marketing efforts to local preferences and conditions.

Lifestyle

The interests, opinions, behaviours, and behavioural orientations of an individual, group, or culture.

Geodemographics

Geodemographics is a method of market segmentation that combines geography with demographic information to classify populations for targeted marketing and research purposes.

Tapestry Segment

Classification of neighborhoods based on demographic and socioeconomic characteristics to understand consumer behavior and lifestyle patterns.