Assume the Indirect Method Is Used to Compute Net Cash

question 94

Multiple Choice

Assume the indirect method is used to compute net cash flows from operating activities.For this item extracted from the financial statements-Decrease in Inventory-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:

• A)Add to net income to arrive at net cash flows from operating activities.
• B)Subtract from net income to arrive at net cash flows from operating activities.
• C)Not used to adjust net income to calculate net cash flows from operating activities.

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Definitions:

Gender Stratification

The unequal distribution of wealth, power, and privilege across different genders within society.

Gender Stereotyping

The assignment of beliefs to men and women, respectively, that are not based on fact.

Social Change

Changes in the typical features of a society (e.g., norms and values) over time.

Sociological Findings

Empirical evidence and conclusions derived from research, analysis, and observation of social behaviors, patterns, and structures.