Which of the Following Items Is Not Included in the Calculation

question 120

Multiple Choice

Which of the following items is not included in the calculation of cash flows provided by operating activities using the indirect method?

• A)Repayment of long-term debt
• B)Net income
• C)Depreciation expense
• D)Gain on the sale of equipment

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Definitions:

Unconscious Mind

The segment of the mind that remains beyond the reach of conscious awareness, yet influences emotions and actions.

Emotional Trauma

Psychological distress caused by extraordinarily stressful events that shatter an individual's sense of security, leading to feelings of helplessness and vulnerability.

Projective Test

A type of personality assessment tool that uses ambiguous stimuli to elicit responses that are thought to reveal hidden aspects of an individual's personality.

Self-Esteem

An individual's subjective evaluation of their own worth or value, encompassing beliefs about oneself as well as emotional states.