Which of the Following Would Cause Net Income on the Accrual

question 109

Multiple Choice

Which of the following would cause net income on the accrual basis to be different than (either higher or lower than) "cash provided by operating activities" on the statement of cash flows?

• A) Purchased supplies for cash.
• B) Purchased land for cash.
• C) Invested cash in an interest earning account.
• D) All of these are correct.