On Your Cash Flow Statement, You Will Need to ________

question 20

Multiple Choice

On your cash flow statement, you will need to ________ the amount you deducted from the income statement as a depreciation expense.

• A) Add back
• B) Amortize
• C) Subtract
• D) Multiply
• E) Divide

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Definitions:

Inherently Dangerous

Activities or conditions that carry a significant risk of harm to people or property by their nature.

Dynamite Blasting

The use of explosives, specifically dynamite, to break up or remove rock and other materials.

Strict Liability

A legal doctrine that holds an individual or entity responsible for their actions or products without the need to prove negligence or fault.

Contributory Negligence

A legal defense where the plaintiff's own negligence played a part in the harm suffered, potentially reducing the liability of the defendant.