The Bottom-Up Approach to Computing the Operating Cash Flow Applies

question 79

Multiple Choice

The bottom-up approach to computing the operating cash flow applies only when:

• A)both the depreciation expense and the interest expense are equal to zero.
• B)the interest expense is equal to zero.
• C)the project is a cost-cutting project.
• D)no fixed assets are required for the project.
• E)taxes are ignored and the interest expense is equal to zero.

---

Definitions:

Smoking Cigarettes

The act of inhaling and exhaling the smoke produced by burning tobacco in rolled paper.

Critical Thinking

A way of evaluating the claims and comments of other people that involves skepticism and examination of evidence.

Reinforcement

In behavioral psychology, a consequence applied that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

Introspection

The examination of one's own thoughts, feelings, and sensations as a means of personal reflection or psychological analysis.