What Is the Proper Treatment of a Loss on Disposal

question 118

Multiple Choice

What is the proper treatment of a loss on disposal of equipment when using the indirect method to complete the cash flows from operating activities section?

• A) Disregard the loss because it relates to an investing activity.
• B) Disregard the loss because it relates to a financing activity.
• C) Add the loss to net income.
• D) Subtract the loss from net income.

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Definitions:

Delusions

Fixed false beliefs that are resistant to reason or confrontation with actual fact, often found in psychological disorders such as schizophrenia.

Delusion of Thought Insertion

A false belief where a person thinks that thoughts not their own are being inserted into their mind by an external source.

Persecutory Delusion

A false belief that one is being persecuted, conspired against, or harassed by others.

Persecutory Delusion

A type of delusion where an individual believes they are being malevolently treated or conspired against by others.