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:

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc., in a group or organization.

Creativity

The ability to produce original and valuable ideas.

Marketing Strategies

Plans developed by organizations to promote and sell their products or services to targeted audiences.

Rewards Culture

A work environment where recognition and incentives are used to motivate employees.