When Preparing the Statement of Cash Flows by the Indirect

question 123

Multiple Choice

When preparing the statement of cash flows by the indirect method, if current assets have increased, the difference is:

• A) added to net income.
• B) added to investments.
• C) deducted from net income.
• D) subtracted from investments.

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Definitions:

Canadian Employers

Organizations, businesses, or government bodies located in Canada that hire and manage employees.

Supervisory

Relating to the oversight and direction of work or workers, often involving tasks such as guidance, management, and evaluation.

Immigrants

Individuals who move from one country to another, typically for the purpose of seeking employment, better living conditions or to escape conflict.

Older Workers

Individuals in the workforce who are near or beyond the customary retirement age, often valued for their experience and work ethic.