Which of the Following Would Not Be Reported in the Operating

question 44

Multiple Choice

Which of the following would not be reported in the operating activities section of the statement of cash flows, which has been prepared using the indirect method?

• A)Sales on account which have not yet been collected.
• B)Net income.
• C)Cash paid for income taxes.
• D)Depreciation expense.

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Definitions:

Operating System

The fundamental software that manages computer hardware, software resources, and provides common services for computer programs.

Administrator

An Administrator is a user with full access rights and privileges to manage a system, network, or application.

User Account Control

A security feature in Windows operating systems that helps prevent unauthorized changes to the system by prompting users for permission or an administrator password.

Administrator Access

The highest level of access permissions in a system, granting the user full control over software and hardware settings.