In Calculating Cash Flows Provided (Used) by Operating Activities Using

question 33

Multiple Choice

In calculating cash flows provided (used) by operating activities using the indirect method, a loss on the sale of equipment is

• A)added to net income.
• B)deducted from net income.
• C)ignored because it does not affect cash.
• D)not reported on a statement of cash flows.

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Definitions:

Squamous Carcinoma

A type of cancer that forms in squamous cells, which are flat cells lining various parts of the body, such as the skin, mouth, and lungs.

5-year Survival Rate

A statistical measure indicating the percentage of people who are alive five years after being diagnosed with a certain disease or health condition.

Melanoma

is a type of skin cancer that develops from pigment-producing cells known as melanocytes and can be highly aggressive if not treated early.

Lichen Sclerosus

A chronic skin condition that causes thin, white, patchy areas of skin, mostly affecting the genital and anal areas, which can be painful or itchy.