Use the Following Codes to Indicate How the Cash Flow

question 33

Multiple Choice

Use the following codes to indicate how the cash flow effect, if any, of each transaction or event would be reported on a statement of cash flows if the operating activities section is prepared using the indirect method.
-Increased the accounts payable balance.

• A)Operating activity-add to net income
• B)Operating activity-deduct from net income
• C)Inflow from investing activity
• D)Outflow from investing activity
• E)Inflow from financing activity
• F)Outflow from financing activity
• G)Noncash investing and financing activity
• H)Not reported on statement of cash flows

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Definitions:

Intellectual Disability

A term used to describe a condition characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers a range of everyday social and practical skills.

Adaptive Behavior

Describes the collection of conceptual, social, and practical skills that individuals have learned and perform in their everyday lives to effectively meet demands and challenges.

General Intellectual Functioning

A term typically related to an individual's overall cognitive capabilities, often measured by IQ tests or similar assessments.

Autism Spectrum Disorder

A developmental disorder characterized by difficulties in social interaction and communication, and by restrictive or repetitive patterns of thought and behavior.