When Using the Indirect Method,how Is the Decrease in Accounts

question 93

Multiple Choice

When using the indirect method,how is the decrease in accounts payable shown on the statement of cash flows?

• A)As an operating activity
• B)As an investing activity
• C)As a financing activity
• D)As a noncash investing and financing activity

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Definitions:

Temporal Lobe

A region of the cerebral cortex located in the lower part of the brain, responsible for processing auditory information and encoding memory.

Parietal Lobe

A region of the brain associated with processing sensory information regarding the location of parts of the body as well as interpreting visual information.

Reflex Action

An involuntary and immediate response to a stimulus without conscious thought.

Central Switching

Management and direction of data traffic in a network by a device or software that determines the optimal path for data to be forwarded to its destination.