The Method of Preparing the Statement of Cash Flows That

question 87

Multiple Choice

The method of preparing the statement of cash flows that starts with net income and adjusts it for items that affect net income,but do not affect cash is called the:

• A)lower-of-cost or market method.
• B)direct method.
• C)indirect method.
• D)gross profit method.

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Definitions:

Horizontal Gene Transfer

The exchange of genetic information between single-celled and/or multi-celled organisms that occurs via routes excluding the direct descent of DNA from parents to their progeny.

Antibiotic Resistance

The ability of bacteria to develop resistance to antibiotics, making them harder to eliminate and treat.

Bacteria

Single-celled microorganisms that come in various shapes and can inhabit a wide range of environments, including extreme conditions.

Phylogenetic Methods

Techniques used in biology to study the evolutionary relationships among species through their genetic makeup.