Using the Direct Method of Cash Flow, Which of the Following

question 86

Multiple Choice

Using the direct method of cash flow, which of the following is a category in the statement of cash flows?

• A)Amortization expense
• B)Loss on sale of equipment
• C)Collections from customers
• D)Net income

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Definitions:

Binding

In legal terms, describing an agreement or contract that is legally enforceable by law.

Theory Z

A management philosophy that stresses employee participation in all aspects of company decision making.