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Secure l https://www.classmarker.com/online-test/#24 Apps Bookmarks AA Insurance Auto Aucti My Cloud MyUHealthChart-Lo IGORA ROYAL GAMA D NETGEAR Router R70 D> Question 5 of 20 An

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Secure l https://www.classmarker.com/online-test/#24 Apps Bookmarks AA Insurance Auto Aucti My Cloud MyUHealthChart-Lo IGORA ROYAL GAMA D NETGEAR Router R70 D> Question 5 of 20 An extract from a statement of cash flows prepared by a trainee accountant is shown below Cash flows from operating activities Net profit before taxation Adjustments for: Depreciation Operating profit before working capital changes $19 Decrease in inventories Increase in receivables Increase in payable Cash generated from operations $28 ($9) $13 ($4) ($8) $10 Which of the following criticisms of this extract are correct? 1 Depreciation charges should have been added, not deducted 2 Decrease in inventories should have been deducted, not added 3 Increase in receivables should have been added, not deducted 4 Increase in payable should have been added, not deducted A) 2 and 4 B) 2 and 3 C) 1 and 3 D) 1 and 4 Type here to search 10:30 PM 9/21/2017

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