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MMLU-Pro / 5985 / Zokro a nongovernmental not-for-profit organization uses the indirect method to…

Problem

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question

Zokro a nongovernmental not-for-profit organization uses the indirect method to prepare its statement of cash flows. In determining its net cash provided (used) by operating activities Sokro must add back which of the following to the change in net assets?

category

other

options

  1. Sale of equipment.
  2. Depreciation.
  3. Increase in accounts payable.
  4. Increase in accounts receivable.
  5. Decrease in accounts payable.
  6. Donation income.
  7. Purchase of inventory.
  8. Payment of dividends.
  9. Payment on long-term debt.
  10. Purchase of equipment.

src

ori_mmlu-professional_accounting

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