Flannery Company Uses a Worksheet to Prepare Its Statement of Cash

question 95

Multiple Choice

Flannery Company uses a worksheet to prepare its statement of cash flows.The company also uses the indirect method for the Operating Activities section of its statement.For each of the following changes in the balance sheet, indicate what activity it affects and whether it is an addition or deduction.
-Accounts Receivable increased

• A)Deducted from Operating activity
• B)Added to Operating activity
• C)Deducted from Investing activity
• D)Added to Investing activity
• E)Deducted from Financing activity
• F)Added to Financing activity

---

Definitions:

Cell Membrane

A biological membrane that separates the interior of all cells from the outside environment, controlling the movement of substances in and out of cells.

Cell Body

The part of a neuron containing the nucleus, responsible for maintaining the life of the cell.

Neuron

A cell specialized in the transmission of nerve impulses, commonly called a nerve cell.

Dendrite

The branched extensions of a neuron that receive impulses and conduct them towards the cell body.