A Decrease in the Inventory Account During the Year Should

question 63

Multiple Choice

A decrease in the inventory account during the year should be reported on the indirect method statement of cash flows as:

• A)An increase in cash flows from operating activities
• B)An increase in cash flows from investing activities
• C)A decrease in cash flows from operating activities
• D)A decrease in cash flows from investing activities
• E)An increase in cash flows from financing activities

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Definitions:

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