Question: 9. Using the indirect method to prepare the operating section of the Statement of Cash Flows, a gain would be a(n) ____________ to net income.

9. Using the indirect method to prepare the operating section of the Statement of Cash Flows, a gain would be a(n) ____________ to net income.

a. Increase

b. Decrease

10. Using the indirect method to prepare the operating section of the Statement of Cash Flows, a loss would be a(n) ____________ to net income.

a. Increase

b. Decrease

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