If the Indirect Method Is Used,each of the Following Is

question 122

Multiple Choice

If the indirect method is used,each of the following is a proper adjustment to net income to arrive at net cash flows from operating activities except

• A) adding a decrease in Prepaid Expenses.
• B) deducting an increase in Salaries Payable.
• C) deducting an increase in Accounts Receivable.
• D) adding a decrease in Inventory.

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Definitions:

Competing Brands

Brands that operate in the same market segment and target similar customer groups, often competing for market share and customer loyalty.

Considerable Alternative Evaluation

The phase in the consumer decision-making process where options are assessed against each other on various attributes and criteria.

Habitual Products

Consumer goods that are regularly purchased out of habit, with minimal decision-making process involved.

Psychological Needs

Pertain to the personal gratification consumers associate with a product or service.