Question: When using the indirect method to calculate and report the net cash provided or used by operating activities, net income is adjusted for all but

When using the indirect method to calculate and report the net cash provided or used by operating activities, net income is adjusted for all but which of the following?

Multiple Choice

Gains and losses from nonoperating items.

Changes in current liabilities related to operating activities.

Changes in noncurrent assets and noncurrent liabilities.

Depreciation and amortization expense.

Revenues and expenses that did not provide or use cash.

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