Salaries Payable Decreased from 2009 to 2010

question 97

Multiple Choice

Salaries payable decreased from 2009 to 2010.Using the indirect method (statement of cash flows) ,the decrease should be:

• 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:

Element

A pure chemical substance consisting of one type of atom, distinguished by its atomic number, which is the number of protons in its nucleus.

Oral Stage

The first stage in Freud's psychosexual development, characterized by an infant's pleasure in feeding and oral stimulation.

Psychosexual Development

A Freudian theory that childhood development occurs in a series of stages, each characterized by different pleasures and conflicts.

Fixated

An unhealthy obsession or focus on a particular object, activity, or person to the exclusion of other aspects of one's life.