In Computing Net Cash Provided by Operating Activities Using the Indirect

question 19

Multiple Choice

In computing Net Cash Provided by Operating Activities using the indirect method,each of the following is added to net income EXCEPT:

• A)an increase in accrued expenses payable.
• B)a gain on sale of equipment.
• C)depreciation expense.
• D)a decrease in inventory.

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Definitions:

Fringe Benefits

Additional non-wage compensation provided to employees, such as health insurance, retirement plans, and paid time off.

Individual Performance

The level of output or success achieved by a single person in their professional duties, often assessed in terms of quality, quantity, and timeline adherence.

Organizational Hierarchy

A system within a company or organization that ranks positions in an ascending order of authority and responsibility.

Flexible Benefit Plans

These are employee benefit programs that allow workers to choose from a range of benefits to tailor their compensation package to their personal needs and preferences.