Which of the Following Items Would Not Be Included in a Statement

question 1

Multiple Choice

Which of the following items would not be included in a statement of cash flows prepared using the indirect method?

• A)Net income
• B)Cash paid for dividends
• C)Sale of a plant asset
• D)Cash paid for wages

---

Definitions:

Own Effort

The use of personal skills and labor to achieve a task or goal without external help.

Events in Their Lives

Significant occurrences or milestones that have an impact on individuals' personal or professional growth.

Observing Landscape

The practice of examining and studying the visible features of an area of land to understand its formation and changes.

Smaller Parts

Constituent components or fragments that are of a lesser size relative to the whole.