When Using the Indirect Method,depreciation Expense

question 68

Multiple Choice

When using the indirect method,depreciation expense:

• A)Increases net cash flow from operations.
• B)Decreases net cash flow from operations.
• C)Does not affect net income.
• D)Does not affect net cash flow from operations.

Understand the dynamics of the labor market, including changes in employment trends and labor force composition.

Grasp the significance of cultural diversity management in contemporary workplaces.

Understand the fundamentals of total quality management (TQM) and its impact on organizational improvement.

Recognize the implications of mergers, acquisitions, and other corporate strategies on human resources.

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Definitions:

Unearned Revenue

A liability account that records amount owed for goods or services in advance of delivery. The Cash account would record the receipt of cash.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period.

Service Income

Income earned from the provision of services to clients or customers.

Unearned Service Revenue

Income received by a company for services yet to be provided, recorded as a liability until the services are performed.