Changes in Noncurrent Liabilities Are Reflected in the Financing Activities

question 112

True/False

Changes in noncurrent liabilities are reflected in the financing activities section of the statement of cash flows.

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Definitions:

Ethical Concerns

Pertains to moral principles that govern a person's behaviour or the conducting of an activity, especially relevant in areas affecting human well-being.

Covertly

In a hidden or concealed manner; done secretly or without open acknowledgment.

Descriptive

Related to describing or giving an account of something in words, including detailed information or characteristics.