Any item that appears on the income statement would be considered as either a cash inflow or cash outflow from operating activities.

Name: Any item that appears on the income statement would be considered as either a cash inflow or cash outflow from operating activities.
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Question

Quizplus · Accepted Answer

Not all items on the income statement affect cash flows from operating activities directly. Some items, such as depreciation and amortization, are non-cash expenses and do not represent actual cash outflows.

Any Item That Appears on the Income Statement Would Be