When Constructing a Statement of Cash Flows, Which of the Following

question 6

Multiple Choice

When constructing a Statement of Cash Flows, which of the following actions would be considered a source of funds?

• A)increase in the cash account
• B)decrease in accounts payable
• C)increase in inventory
• D)increase in long-term bonds
• E)increase in fixed assets

---

Definitions:

Note-taking Symbols

Special signs or abbreviations used to efficiently summarize and organize information during note-taking.

Verbatim

Exactly the same words as were originally used; an exact replication of speech or text.

Quotation

A group of words taken from a text or speech and repeated by someone other than the original author or speaker.

Colon

A punctuation mark (:) used to precede a list, a quotation, or an explanation that is preceded by a clause that can stand by itself.