On a Cash Flow Statement Prepared Using the Indirect Method

question 116

Multiple Choice

On a cash flow statement prepared using the indirect method, which is not reported as an operating activity?

• A)Interest expense
• B)Interest revenue
• C)Proceeds from the sale of equipment
• D)Dividend revenue

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Definitions:

Reaction Range

The potential variability in the expression of a trait due to environmental influences, given genetic constraints.

Obesity

Excess body fat accumulation that presents a risk to health, defined by a Body Mass Index (BMI) of 30 or higher.

Monozygotic Twins

Twins that result from one fertilized egg splitting and developing into two embryos, genetically identical.

Dizygotic Twins

Twins conceived by the union of two different ova (or a single ovum that has split) with two different sperm cells; also called fraternal twins; they are no more alike genetically than any other siblings.