In a Statement of Cash Flows (Indirect Method),an Increase in Inventories

question 78

Multiple Choice

In a statement of cash flows (indirect method) ,an increase in inventories should be presented as

• A) a deduction from net income from continuing operations.
• B) an inflow and outflow of cash.
• C) an addition to net income.
• D) an inflow of cash.

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Definitions:

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Documents or electronic codes that grant the holder a right to admission to an event, travel on a vehicle, or participate in a lottery.

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The children of one's son or daughter.

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The duration for which a machine is operated or available for use in the production of goods or services.