Which of the Following Would Not Be Needed to Determine

question 78

Multiple Choice

Which of the following would not be needed to determine net cash provided by operating activities?

• A) Depreciation expense
• B) Change in accounts receivable
• C) Payment of cash dividends
• D) Change in prepaid expenses

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Definitions:

Title

The legal right to own, use, or sell a particular piece of property or asset.

Deliverable State

The condition of a commodity or item being suitable for delivery to fulfill the terms of a contract.

Notified

Being informed or made aware of information, actions, or requirements officially or formally.

Specific Performance

A legal remedy in contracts where the court orders the party who breached the contract to perform the promised duty as outlined in the contract.