When Analyzing the Changes on a Spreadsheet Used to Prepare

question 67

Multiple Choice

When analyzing the changes on a spreadsheet used to prepare a statement of cash flows, the cash flows from financing activities generally affect:

• A) Both noncurrent assets and noncurrent liabilities.
• B) Noncurrent assets.
• C) Net income, current assets, and current liabilities.
• D) Noncurrent liability and equity accounts.
• E) Equity accounts only.

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