In Order to Determine Net Cash Provided by Operating Activities

question 144

Multiple Choice

In order to determine net cash provided by operating activities, a company must convert net income from an accrual basis to a cash basis under

• A)the direct method only.
• B)the indirect method only.
• C)both the direct method and the indirect method.
• D)neither the direct nor the indirect method.

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Definitions:

Day-Neutral

Plants that flower regardless of the length of the day, not specifically triggered by long or short day lengths.

Long-Day

Pertains to plants that require a longer period of daylight exposure to flower or complete specific stages of growth.

Short-Day

Refers to plants that require long nights and shorter periods of daylight to flower or complete their life cycle.

Asexual Reproduction

A mode of reproduction by which offspring arise from a single organism, inheriting the genes of that parent only, seen in many plants and some animal species.