Which of the Following Statements Is Correct with Respect to the Determination

question 1

Multiple Choice

Which of the following statements is correct with respect to the determination of operating cash flows?

• A)A decrease in inventory is deducted from net income.
• B)An increase in accounts payable is deducted from net income.
• C)An increase in inventory is deducted from net income.
• D)A decrease in accounts payable is added to net income.

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Definitions:

Psychographically

An adverb relating to psychographics, the study of personality, values, opinions, attitudes, interests, and lifestyles of individuals or groups for marketing and other purposes.

Create Needs

The marketing strategy of generating new desires or needs among consumers for products or services they may not have previously considered.

Consumer Researcher

A professional who studies the behavior, preferences, and trends of consumers in order to better understand and predict their purchasing decisions.

Interests And Values

Personal preferences and core principles that influence individual behavior and decision-making.