On a Statement of Cash Flows Using the Indirect Format,amortization

question 81

Multiple Choice

On a statement of cash flows using the indirect format,amortization of the discount on a note payable is:

• A)ignored,since it is a noncash expenditure
• B)added to net income in the operating activities section
• C)included as an outflow in the financing activities section
• D)deducted from net income in the operating activities section

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Definitions:

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