We Need to Add Back to Net Income Any Loss

question 79

True/False

We need to add back to net income any loss on sale of long-term assets in the operating section of the statement of cash flows in order to eliminate the noncash component of net income.

---

Definitions:

Nonverbal Communication

The process of conveying a message without the use of words, which can include facial expressions, body language, gestures, eye contact, and more.

Paralanguage

The non-verbal elements of communication used to convey emotion and modify meaning, such as tone of voice, loudness, and pitch.

Aggrandizing

The act of increasing in size, power, or status.

Proxemics

The study of human use of space and the effects that population density has on behaviour, communication, and social interaction.