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

question 57

Multiple Choice

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

• A)subtraction from net income.
• B)addition to net income.
• C)addition to cash flow from investing activities.
• D)subtraction from cash flow from investing activities.

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Definitions:

Application Software

Programs or group of programs designed for end-users to perform specific tasks, such as word processing, web browsing, or gaming.

Registry

A central Windows database file that holds hardware and software configuration information.

UEFI

Stands for Unified Extensible Firmware Interface, a modern type of firmware interface for computers, providing a more secure and faster boot process compared to BIOS.

BIOS

Basic Input/Output System, firmware used to perform hardware initialization during the booting process, and to provide runtime services for operating systems and programs.