On an Indirect Method Statement of Cash Flows, a Gain

question 42

Multiple Choice

On an indirect method statement of cash flows, a gain on the sale of capital assets is:

• A) deducted from net income
• B) reflected in the investing activities section
• C) added to net income
• D) reflected in the financing activities section

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Definitions:

Fixed Action Pattern

Innate, pre-programmed responses triggered by specific stimuli in animals.

Sound Frequency

The number of vibrations or cycles per second of a sound wave, measured in hertz (Hz), determining the pitch of the sound.

Male Flies

Refers to the male specimens of flies, frequently studied in research for understanding genetics, behavior, and disease transmission.

Stimulus Filtering

The mechanism by which an organism discriminates between important and irrelevant stimuli in its environment to focus on survival-relevant information.