For Each of the Following Activities That May Take Place

question 182

Multiple Choice

For each of the following activities that may take place during the accounting period, indicate the effect (a-g) on the statement of cash flows prepared using the indirect method. Choices may be selected as the answer for more than one question.
-Repayment of long-term note payable

• A)Increase cash from operating activities
• B)Decrease cash from operating activities
• C)Increase cash from investing activities
• D)Decrease cash from investing activities
• E)Increase cash from financing activities
• F)Decrease cash from financing activities
• G)Noncash investing and financing supplement

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Definitions:

Brain

The organ located in the skull responsible for central nervous system functioning, including thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.

Graph Paper

A type of paper printed with fine lines making up a grid used for drawing graphs, charts, or other precise diagrams.

Orthopedist

A specialist who diagnoses and treats diseases and disorders of the muscles and bones.

Optical System

A combination of lenses, mirrors, and other devices that manipulate light to produce a desired image or effect.