Which of the Following Has No Impact on Cash Flow

question 1

Multiple Choice

Which of the following has no impact on cash flow?

• A)the firm's equity
• B)depreciation expense
• C)taxes paid
• D)net income

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Definitions:

Financial Accounting Standards Board

An autonomous body tasked with creating and enhancing financial accounting and reporting norms in the United States.

Securities and Exchange Commission

A US government agency responsible for enforcing federal securities laws, regulating the securities industry, and overseeing the nation's stock and options exchanges.

CMA

Certified Management Accountant, a professional certification for accounting and financial professionals in business.

CISA

Certified Information Systems Auditor, a designation awarded to IT auditors who pass an exam and meet specific work experience requirements.