Using the Indirect Method (Statement of Cash Flows),a Decrease in Current

question 38

Multiple Choice

Using the indirect method (statement of cash flows) ,a decrease in current liabilities would:

• A)be subtracted from net income
• B)be added to net income
• C)have no adjustment made to net income
• D)be added to the investing section of the statement of cash flows

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Definitions:

Blink Reflex

The blink reflex is an automatic closing of the eyelids when the cornea is stimulated by touch, bright light, or other threats, serving as a protective mechanism for the eye.

Siderails

Safety rails fitted on the sides of a hospital bed to prevent patients from falling out.

Oral Care

The practice of maintaining cleanliness and health of the mouth and teeth through regular brushing, flossing, and dental check-ups.

Eye Care

The practice of keeping the eyes in healthy condition through preventative measures, treatments, and regular check-ups to prevent vision impairment or loss.