Under the Indirect Method of Preparing the Statement of Cash

question 73

Multiple Choice

Under the indirect method of preparing the statement of cash flows,add backs to net income include all of the following except:

• A) depreciation expense
• B) deferred tax expense
• C) gains on sale of equipment
• D) share-based compensation

---

Definitions:

WBCs

White Blood Cells, components of the blood involved in protecting the body against both infectious disease and foreign invaders.

Aplastic Anemia

A blood disorder characterized by the bone marrow's failure to produce enough new blood cells, leading to fatigue and higher risk of infections.

Hemolytic Anemia

A condition where red blood cells are destroyed faster than they can be made.

Pernicious Anemia

A form of anemia caused by the body's inability to absorb vitamin B12, often due to a lack of intrinsic factor.