When Reporting Operating Activities by the Indirect Method in a Statement

question 57

Multiple Choice

When reporting operating activities by the indirect method in a statement of cash flows:

• A) increases in operating assets are added back to net income.
• B) increases in operating liabilities are subtracted from net income.
• C) gains are added back to net income.
• D) amortization is added back to net income.

---

Definitions:

Harass

To subject someone to aggressive pressure or intimidation persistently.

Privacy

The state or condition of being free from unauthorized observation or disturbance by others.

Online Affairs

Emotional or sexual relationships initiated or conducted through the internet and digital platforms, often considered a form of infidelity.

Offline Affairs

Romantic or sexual relationships that occur outside of the internet, typically involving personal interaction.