In Calculating Net Cash Provided by Operating Activities Using the Indirect

question 189

Multiple Choice

In calculating net cash provided by operating activities using the indirect method an increase in prepaid expenses during a period is

• A) deducted from net income.
• B) added to net income.
• C) ignored because it does not affect income.
• D) ignored because it does not affect expenses.

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Definitions:

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A form of therapy where multiple clients meet together under the guidance of a professional to discuss and explore their problems.