Starting with Net Income and Adjusting It for Items That

question 30

Multiple Choice

Starting with net income and adjusting it for items that affected reported net income but not cash is called the

• A)direct method.
• B)indirect method.
• C)working capital method.
• D)cost-benefit method.

---

Definitions:

Enthymeme

An abbreviated syllogism or argument in which one of the premises or the conclusion is not explicitly stated but implied.

Unstated Conclusion

A conclusion in an argument that is implied but not explicitly expressed by the argument's premises.

Sunny Places

Locations or areas that receive a large amount of sunlight, typically used in reference to pleasant weather or climates.

Enthymeme

An argument in which one premise is not explicitly stated but is assumed in the reasoning.