What Is the Impact on the Cash Flow Statement from an Increase

question 62

Multiple Choice

What is the impact on the cash flow statement from an increase in short-term notes receivable,assuming the indirect method is used?

• A)A decrease in the cash flow from operating activities
• B)An increase in the cash flow from operating activities
• C)An increase in the cash flow from financing activities
• D)An increase in the cash flow from investing activities

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Definitions:

Percent

A mathematical term describing a part per hundred, used to express proportions or ratios.

Intestate

Describes a person who dies without a will.

Decedent

The deceased person.

Escheat

Property of a decedent goes to the state if not disposed of by a will and if the decedent has no heirs.