If the Indirect Method Is Used to Prepare a Statement

question 147

Multiple Choice

If the indirect method is used to prepare a statement of cash flows,which of the following would be added to net income to arrive at net cash flows from operating activities?

• A)Amortization expense.
• B)Depreciatione expense.
• C)Loss on sale of land.
• D)All of these choices.

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Definitions:

Social Approval

The act of seeking or gaining acceptance, validation, or positive recognition from others within a social context.

Hypothalamus

A small but crucial part of the brain involved in many functions, including hormone release, regulation of body temperature, and hunger control.

Physical Needs

Basic requirements for human survival, such as food, water, shelter, and sleep.

Hyperphagic

Characterized by excessive eating.