The determination of net cash flows (NCF) should NEVER include
A) changes in depreciation
B) changes in operating costs
C) interest charges
D) indirect effects

Name: The determination of net cash flows (NCF) should NEVER include A) changes in depreciation B) changes in operating costs C) interest charges D) indirect effects
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Interest charges are a financing activity and not an operating activity, so they should not be included in the determination of net cash flows.

The Determination of Net Cash Flows (NCF) Should NEVER Include