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Which of the Following Would Cause Net Income on the Accrual

Question 42

Multiple Choice

Which of the following would cause net income on the accrual basis to be different from (either higher or lower than) the amount of net cash flow for operating activities on the statement of cash flows?


A) Purchased land for cash
B) Purchased supplies for cash
C) Paid advertising expense
D) Paid dividends to stockholders

Correct Answer:

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