Which one of the following decreases net income but does not affect the operating cash flow of a firm that owes no taxes for the current year?
A. indirect cost
B. direct cost
C. non cash item
D. period cost
E. Variable cost
Answer: C. non cash item
Management MCQ
Management
Which one of the following decreases net income but does not affect the operating cash flow of a firm that owes no taxes for the current year?