____ Lines Are Drawn from the Object, but Not Touching

question 24

Multiple Choice

____ lines are drawn from the object, but not touching the object, so that the end point of the dimension is clearly defined.

• A)Extension
• B)Center
• C)Section reference
• D)Leader

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Definitions:

Indirect Method

The indirect method is an approach to calculating cash flows from operating activities by starting with net income and adjusting for non-cash transactions.

Operating Activities

Transactions and other events related to the primary business activities of an entity, such as sales and service provision.

Net Income

The total earnings of a company after all expenses and taxes have been subtracted from revenue.

Comparative Balance Sheets

Financial statements that present the financial position of a business at different points in time, side by side, to facilitate comparison.