Which of the Following Items Would $\textbf{ not }$

question 29

Multiple Choice

Which of the following items would $\textbf{ not }$ be included in the calculation of cash flows provided by operating activities using the indirect method?

• A)Purchasing supplies on account
• B)Net income
• C)Depreciation expense
• D)Gain on the sale of equipment

---

Definitions:

Perspective

An attitude towards or a way of regarding something; a point of view influenced by one's beliefs, experiences, or culture.

Poor People

Individuals or groups who lack the financial resources to meet basic-life needs like food, shelter, and clothing.

Poverty

A socio-economic condition characterized by a lack of resources or income necessary to achieve a standard of living considered acceptable in a society.

Social Mobility

The migration of people, whether individually, in families, or in groups, across different levels of a societal hierarchy or stratification system.