During the Current Year, the Accounts Payable Balance Decreased

question 113

Multiple Choice

During the current year, the accounts payable balance decreased.

• A)This decrease indicates that payments on account were less during the period than credit purchases.
• B)This decrease is added to net income in the operating activities section of a statement of cash flows prepared under the direct method.
• C)This decrease is deducted from net income in the operating activities section of a statement of cash flows prepared under the direct method.
• D)This decrease indicates that payments on account exceeded credit purchases during the period.

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Definitions:

Sexual Fantasies

Imaginary sexual thoughts or desires that can enhance or precede sexual arousal.

Functions

Specific roles or activities that are natural to an object or person, or assigned tasks meant to be performed.

Health Benefits

refer to the positive impacts on one's physical and mental well-being, often resulting from healthy lifestyle choices, medical treatments, or preventive measures.

Sexual Activity

Behaviors that include a wide range of activities, from kissing and touching to sexual intercourse, involving one or more persons.