Using the Indirect Method, Where Does the Decrease in Accounts

question 31

Multiple Choice

Using the indirect method, where does the decrease in accounts payable appear in a consolidated statement of cash flows?

• A) $7,000 increase to net income as an operating activity.
• B) $7,000 decrease to net income as an operating activity.
• C) $5,600 increase to net income as an operating activity.
• D) $5,600 decrease to net income as an operating activity.
• E) $7,000 increase as a financing activity.

---

Definitions:

Damaged Property

Property that has been harmed or destroyed as a result of an accident, vandalism, or natural disaster.

Culture Of Rape

A social environment in which attitudes, norms, and practices normalize, excuse, tolerate, or even condone rape and sexual assault.

America's Culture Of Rape

A term referring to a societal environment that normalizes, excused, or tolerates sexual violence against individuals, particularly women.

Anti-rape Organizations

Groups and entities dedicated to the prevention of rape, support of survivors, and education about consent and sexual violence.