Avatar Auto Parts Company Uses the Indirect Method to Prepare

question 43

Multiple Choice

Avatar Auto Parts Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: How will the change in Accounts Payable be shown on the statement of cash flows?

• A) as an addition to Net Income
• B) as a deduction from Net Income
• C) as a deduction from investing cash flows
• D) as an addition to operating cash flows

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Definitions:

Emotional Competency

The ability to recognize, understand, manage, and reason with emotions in oneself and others to enhance thought and relationships.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, leading to a deeper understanding of oneself.

Moods And Emotions

The feelings that significantly impact employees' perception, behavior, and work performance in an organizational setting.

Charismatic Leaders

Leaders who inspire enthusiasm, devotion, and strong levels of trust and loyalty in their followers through personal charm, dynamism, and other compelling qualities.