All of the Following Adjustments Would Be Deducted in Determining

question 125

Multiple Choice

All of the following adjustments would be deducted in determining net cash provided by operating activities except a(n)

• A)increase in inventories.
• B)depreciation expense.
• C)gain on disposal of plant assets.
• D)decrease in accrued expenses payable.

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Definitions:

Board Of Directors

Governing body of a corporation.

Stockholders

Individuals or entities that own shares in a corporation, granting them certain rights and potential financial benefits.

Chief Executive Officer

The highest-ranking executive in a company responsible for strategic decisions, overall operations, and acting as the main point of communication between the board of directors and corporate operations.

Board Of Directors

A group of elected individuals representing shareholders, responsible for overseeing the activities and governance of a company.