If a Company Uses the Indirect Method to Determine Cash

question 11

Multiple Choice

If a company uses the indirect method to determine cash flows from operating activities,gains:

• A)must be added to net income and losses subtracted from net income.
• B)and losses must be added to net income.
• C)must be subtracted from net income and losses added to net income.
• D)and losses must be subtracted from net income.

---

Definitions:

Unconscious Act

A behavior or action that is performed without conscious thought or intention, often reflexive or automatic.

Opponent-Color

A theory of color vision that suggests colors are perceived through the mechanism of contrasting pairs: blue-yellow, red-green, and black-white.

Calcarine Fissure

A deep groove in the occipital lobe of the brain, involved in the primary visual processing area.

Homonymous Hemianopia

Blindness of the entire left or right visual field.