In Preparing a Statement of Cash Flows,the Reconciliation of Net

question 25

Multiple Choice

In preparing a statement of cash flows,the reconciliation of net income to cash from operating activities does NOT include

• A) loss on sale of operational assets.
• B) bond discount or premium amortization for the period.
• C) gain on sale of debt and equity securities classified as Trading Securities.
• D) adjustment to record debt or equity securities classified as Securities Available for Sale at fair value.

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Definitions:

Poor Circulation

A condition where blood flow to a part of the body is inadequate, leading to symptoms such as cold hands and feet, numbness, and fatigue.

Hemiplegia

A condition characterized by paralysis on one side of the body, typically caused by a brain injury or stroke.

Fowler's Position

A bed position where the head and trunk are raised, typically between 15 to 90 degrees, often used to improve breathing and ease discomfort in patients.

Spastic Hand

A condition characterized by involuntary muscle contractions or spasms in the hand, affecting movement and dexterity.