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:

Eardrum

A thin membrane in the ear that vibrates in response to sound waves, playing a key role in the sense of hearing.

Cochlea

A spiral-shaped, fluid-filled inner ear structure essential for converting sound waves into electrical signals that the brain interprets as sound.

Color Vision Deficiency

Color vision deficiency, often called color blindness, is the inability or decreased ability to see color or perceive color differences under normal lighting conditions.

Abnormality

In psychology, a deviation from the average or norm that is deemed significant enough to cause dysfunction or distress.