If the income statement reports a net loss for the year, the loss is not reported in the operating activities section of the statement of cash flows.

Name: If the income statement reports a net loss for the year, the loss is not reported in the operating activities section of the statement of cash flows.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The net loss for the year is reported in the operating activities section of the statement of cash flows as it relates to the company's cash flows from operating activities.

If the Income Statement Reports a Net Loss for the Year