Which Would Be Subtracted from Net Income in the Operating

question 28

Multiple Choice

Which would be subtracted from net income in the operating section of an indirect cash flow statement?

• A)A decrease in Notes Payable
• B)A decrease in prepaid expenses
• C)An increase in sales tax payable
• D)An increase in inventory

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Definitions:

Strategies

Plans or methods devised to achieve a specific goal or solve a problem.

Reticular Activation System

A network of neurons located in the brainstem that regulates wakefulness and sleep-wake transitions.

Basic Tendency

An inherent inclination or predisposition of an individual's personality that remains relatively stable over time, irrespective of external factors.

Temperament

Biologically based tendency to feel or act in certain ways.