Using the Indirect Method, Which of the Following Would Be

question 69

Multiple Choice

Using the indirect method, which of the following would be subtracted from net income?

• A) depreciation expense
• B) increase in accounts receivable
• C) increase in accounts payable
• D) decrease in prepaid expenses

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Definitions:

Tailgating

A security breach tactic where an unauthorized person follows an authorized person into a restricted area or system, typically without their knowledge.

ID Badge

A card or badge showing the identity of the person carrying it, often used in workplaces for security and identification purposes.

Phishing Attacks

Fraudulent attempts to obtain sensitive information by disguising oneself as a trustworthy entity in electronic communications.

Dumpster Diving

The practice of sifting through commercial or residential waste to find items that have been discarded that are still useful, can be recycled, or have value.