Assume That the Park Corporation Uses the Indirect Method to Depict

question 97

Multiple Choice

Assume that the Park Corporation uses the indirect method to depict cash flows.Indicate where, if at all, an accounts receivable decrease would be classified on the statement of cash flows.

• A)Operating activities section.
• B)Investing activities section.
• C)Financing activities section.
• D)Does not represent a cash flow.

---

Definitions:

Reactance Theory

A psychological theory suggesting that people have an aversive reaction to restrictions of their freedoms, leading to a motivation to regain them.

Forbidden Behaviors

Acts that are prohibited or discouraged within a society or group due to cultural, social, or legal norms and values.

Strict Parents

caregivers who enforce rigid rules and expect high levels of obedience and discipline from their children.

Tempted

The feeling or state of being enticed or inclined to do something, often something unwise or wrong.