Which of the Following Items Is Reported in the Operating

question 119

Multiple Choice

Which of the following items is reported in the operating section of the statement of cash flows using the direct method?

• A)Depreciation expense.
• B)Gain on sale of an asset.
• C)Cash received from customers.

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Definitions:

Voluntary Chain

Groups of independent retailers, sponsored by wholesalers, who band together for increased buying power.

Artificial Intelligence

The simulation of human intelligence processes by machines, particularly computer systems, encompassing learning, reasoning, and self-correction.

Augmented Reality

An interactive experience of a real-world environment where objects in the real world are enhanced by computer-generated perceptual information.

Smart Speaker

A type of wireless speaker integrated with virtual assistant technology that offers interactive actions and hands-free activation through voice commands.