In Calculating Cash Flows from Operating Activities Using the Indirect

question 31

Multiple Choice

In calculating cash flows from operating activities using the indirect method, a gain on the sale of equipment is

• A) added to profit.
• B) deducted from profit.
• C) ignored because it does not affect cash.
• D) not reported on a cash flow statement.

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Definitions:

EEG

Electroencephalogram, a test that detects electrical activity in the brain using small, flat metal discs attached to the scalp.

EEG

Stands for Electroencephalography, a method used to record electrical activity of the brain via sensors placed on the scalp.

Brain-Wave Activity

The patterns of neuronal electrical oscillations in the brain, which are measured by electroencephalography (EEG) and associated with different states of consciousness.

Emotionality

A trait referring to the intensity and complexity of emotions and emotional responses.