All of the Following Are Additions to Net Income When

question 142

Multiple Choice

All of the following are additions to net income when preparing the statement of cash flows under the indirect method except:

• A) losses on sales of long-term assets.
• B) a decrease in accounts payable.
• C) a decrease in prepaid insurance.
• D) a decrease in accounts receivable.

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Deviation Bar Charts

Bar charts that identify positive and negative values, or winners and losers.

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