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:

First-Line Management

Managers at the lowest level of an organization who directly manage non-managerial employees.

Autonomy

The state of being self-governed or having the freedom to act independently, often applied in the context of workers and units within organizations.