The Accounts Payable Balance Has Decreased During the Year

question 68

Multiple Choice

The Accounts Payable balance has decreased during the year.How would this event affect the statement of cash flows operations section-indirect method?

• A)It is already included in the net income.
• B)It would affect the operations section positively.
• C)It would affect the operations section negatively.
• D)Does not affect the cash flow from operations.

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Definitions:

Globalization Of Markets

The process of integrating and interacting of different national markets into a single global marketplace, often leading to increased economic interdependence.

Trade Laws

Regulations governing how countries conduct trade with each other, including import and export laws, tariffs, and trade agreements.

World Trade Organization

An international organization that regulates international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Multilateral Trading System

A trade system that promotes the participation of multiple countries agreeing to trade under certain regulations and tariffs.