Which of the Following Is Not Accurate in Depicting Cash

question 35

Multiple Choice

Which of the following is not accurate in depicting cash flows from operations?

• A) (Revenues - expenses) (1 - tax rate) + (depreciation x tax rate)
• B) (Revenues - expenses - taxes paid)
• C) (Net profit + depreciation)
• D) (Revenues - cash expenses - taxes paid)

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Definitions:

Custodian of Freedom

A term that implies the responsibility of protecting and preserving the liberties and rights of a group or nation.

Burlingame Treaty

An 1868 agreement between the United States and China that recognized mutual rights of their citizens and encouraged cultural and commercial exchange.

Sovereignty of China

The authority and autonomy of China as a state to govern itself, free from external control or influence, which has been a significant issue in its historical relations with foreign powers.

Declaration of War

A formal announcement by a sovereign or government declaring a state of war between it and another state.