From the Following List, Identify Whether the Change in the Account

question 84

Multiple Choice

From the following list, identify whether the change in the account balance during the year would be reported as an operating (O) , an investing (I) , or a financing (F) activity or not separately reported on the statement of cash flows (N) .Assume that the indirect method is used to determine the cash flows from operating activities.
-Salaries and wages payable

• A)O - Operating
• B)I - Investing
• C)F - Financing
• D)N - Not separately reported on the Statement of Cash Flows

---

Definitions:

Dependent Variable

In an experimental setting, the variable being tested and measured, which is expected to change as a result of modifications to the independent variable.

Independent Variables

Variables in an experiment that are manipulated to determine if they cause a change in the dependent variable.

Observations

The individual entities or datapoints collected for research or analysis purposes, providing the basis for statistical conclusions.

Degrees Of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or to a system, without violating any constraints.