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Exhibit 21-2 in Preparation for Completing the Statement of Cash

question 70

Multiple Choice

Exhibit 21-2 In preparation for completing the statement of cash flows using the spreadsheet method, Williams Company provided the following information relating to patents for 2014:

Exhibit 21-2 In preparation for completing the statement of cash flows using the spreadsheet method, Williams Company provided the following information relating to patents for 2014:     -Refer to Exhibit 21-2. The Cash Flows from Operating Activities section prepared using the indirect method would include which of the following deductions or add-back amounts related to patents? A)  $(310)  B)  $(290)  C)  $ 290 D)  $ 600
-Refer to Exhibit 21-2. The Cash Flows from Operating Activities section prepared using the indirect method would include which of the following deductions or add-back amounts related to patents?


Definitions:

Stress

A psychological and physical response to demands or threats, which can affect mental health and overall well-being.

Suppression

The conscious deliberate attempt to push away or hide from conscious awareness thoughts, feelings, or desires deemed unacceptable or uncomfortable.

Optimist

An individual who generally believes that good things will happen and that outcomes will be favorable.

Type A Personality

A personality type characterized by a constant feeling of working against the clock and a strong sense of competition.

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