In the Statement of Cash Flows, by Using the Indirect

question 26

Multiple Choice

In the statement of cash flows, by using the indirect method for determining cash flows from operating activities, a decrease in deferred tax liabilities is:

• A) Added to net income.
• B) Subtracted from net income.
• C) Ignored.
• D) Included under financing activities.

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Piece of Metal

A solid, typically hard and malleable material characterized by its metallic properties, often used in construction and manufacturing.

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