A Company Uses the Indirect Method to Prepare the Statement

question 86

Multiple Choice

A company uses the indirect method to prepare the statement of cash flows.Which of the following items would be added to net income in determining the net cash flow from operating activities?

• A)An increase in accrued liabilities would be added to net income.
• B)An increase in dividends paid would be added to net income.
• C)A decrease in accounts payable would be added to net income.
• D)A gain on the sale of land would be added to net income.

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Definitions:

Elaborate Tattoos

Intricately designed body art that involves detailed patterns or extensive scenes drawn on the skin.

Persons'

The possessive plural form of "person," indicating ownership or belonging to multiple people.

Scalp

The skin covering the top of the human head, often referred to in the context of hair growth or medical conditions.

Tattoos

Permanent marks or designs made on the skin with pigments through the pricking of the skin's surface.