A Gain on the Sale of a Fixed Asset Is

question 1

Multiple Choice

A gain on the sale of a fixed asset is reported on the statement of cash flows ________.

• A) as a deduction to net income under operating activities for the indirect method
• B) as a deduction to the cash proceeds received from the sale of fixed assets under investing activities
• C) as a noncash transaction
• D) as a cash inflow under financing activities

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Definitions:

Inducible Operon

A segment of DNA in which the expression of genes is increased in response to specific environmental stimuli.

Catabolic Pathway

A metabolic pathway that breaks down molecules into smaller units, releasing energy.

Bacterial Enzymes

Enzymes produced by bacteria that catalyze chemical reactions, involved in processes such as metabolism, DNA replication, and the degradation of substances.

Operon

A functional unit of DNA containing a group of genes controlled by a single promoter, used by prokaryotes to regulate gene expression efficiently.