Which of the Following Would Be Added to Net Income

question 97

Multiple Choice

Which of the following would be added to net income in the operating activities section of a statement of cash flows prepared using the indirect method?

• A)a decrease in accounts receivable.
• B)an increase in prepaid expenses.
• C)an increase in accrued liabilities.
• D)an increase in property, plant and equipment.

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Definitions:

Alone

The state of being separate from others; solitude, which can be chosen or imposed and can have various psychological effects.

High Need for Privacy

A strong preference for keeping personal information, thoughts, and spaces private and secluded from others.

Maslow

Refers to Abraham Maslow, a psychologist best known for creating Maslow's hierarchy of needs, which are ranked according to their impact on human motivation.

Escape from Relationships

The act of withdrawing or distancing oneself from interpersonal relationships as a coping mechanism or due to fear of intimacy or commitment.