A Gain on the Sale of a Fixed Asset Is

question 112

Multiple Choice

A gain on the sale of a fixed asset is reported on the statement of cash flows ________.

• A)as a deduction to net income under operating activities for the indirect method
• B)as a deduction to the cash proceeds received from the sale of fixed assets under investing activities
• C)as a noncash transaction
• D)as a cash inflow under investing activities

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Definitions:

Feeding

The act of consuming food to obtain nutrients necessary for growth, health, and maintenance of life.

Eating Disorder

An eating disorder is a mental disorder characterized by abnormal or disturbed eating habits, such as anorexia or bulimia, which can have serious health consequences.

Binge-eating Subtypes

Variations within binge-eating disorder, characterized by episodes of excessive eating, often without the compensatory behaviors seen in bulimia nervosa.

Dieting Subtype

A classification within dietary practices that distinguishes different strategies or methods of dieting based on individual preferences, goals, or health requirements.