All of the Following Are Additions to Net Income When

question 65

Multiple Choice

All of the following are additions to net income when preparing the statement of cash flows under the indirect method except:

• A) losses on sales of long term assets.
• B) a decrease in accounts payableAccounts Payable.
• C) a decrease in prepaymentsPrepaid Insurance.
• D) a decrease in accounts receivableAccounts Receivable.