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The First Line Item in the Operating Activities Section of a Spreadsheet

Question 102

Multiple Choice

The first line item in the operating activities section of a spreadsheet for a statement of cash flows prepared using the indirect method is:


A) Net income (loss) .
B) Adjustments to net income.
C) Cash received from customers.
D) Cash.
E) Increase (decrease) in accounts receivable.

Correct Answer:

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