When Preparing the Operating Activities Section of the Statement of Cash

question 156

True/False

When preparing the operating activities section of the statement of cash flows using the indirect method, decreases in current operating liabilities are subtracted from net income.

---

Definitions:

Dinner

A main meal of the day, typically eaten in the evening.

Sleep cycle

A period of sleep composed of multiple stages, including REM and non-REM stages, that repeats several times throughout a night's sleep.

NREM Stage

Non-Rapid Eye Movement sleep stage, which consists of three stages of sleep that precede REM sleep, characterized by slower brainwaves and physical relaxation.

REM

Rapid Eye Movement, a phase of sleep characterized by fast and random movement of the eyes, associated with dreaming.