North Company Has Other Operating Expenses of $360,000

question 139

Multiple Choice

North Company has other operating expenses of $360,000.There has been a decrease in prepaid expenses of $16,000 during the year, and accrued liabilities are $24,000 larger than in the prior period.Using the direct method of reporting cash flows from operating activities, what were North's cash payments for operating expenses?

• A)$368,000.
• B)$352,000.
• C)$320,000.
• D)$400,000.

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Definitions:

Objective Personality

A personality assessment approach that relies on external, measurable evidence rather than subjective judgment.

Projective Personality

A personality assessment technique that involves responding to ambiguous stimuli, revealing hidden emotions and internal conflicts.

Cross-cultural

Pertaining to or comparing different cultures, with an emphasis on understanding cultural diversity and the influence of culture on human behavior.

Age-related Concerns

Issues or problems that become more prevalent or significant as individuals age, including health, cognitive function, and social engagement.