Which of the Following Would Be Subtracted from Net Income

question 14

Multiple Choice

Which of the following would be subtracted from net income using the indirect method?

• A) an increase in inventories.
• B) loss on sale of investments.
• C) depreciation expense.
• D) a decrease in accounts payable.

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Definitions:

Organizational Culture Artifact

Visible signs and symbols of an organization’s culture, including rituals, ceremonies, and the physical environment.

Initiative

The ability to assess and begin actions independently without prompting.

Stories

Narratives based on real organizational experiences that have become embellished over time and illustrate core cultural values.

Organizational Culture Artifact

Tangible or visible elements within an organization that represent its underlying values, beliefs, and traditions.