The Top-Down Approach Is Used for Calculating OCF, If the Only

question 105

True/False

The top-down approach is used for calculating OCF, if the only information from the statement of comprehensive income items known to you are net income and depreciation.

---

Definitions:

Heterozygous

A genetic condition where an individual has two different alleles of a gene.

Homozygous

A genetic condition where an individual has two identical alleles for a particular gene.

Gene

A unit of heredity that is transferred from a parent to offspring and is held to determine some characteristic of the offspring.

Basic Unit

The simplest, most fundamental component or element of a system or structure.