During 2017,the Accounts Payable Balance of Andreas Corp

question 9

Multiple Choice

During 2017,the accounts payable balance of Andreas Corp.decreased.Which of the following statements is true?

• A)This decrease indicates that Andreas paid less during the period than it recognized as expenses on the income statement.
• B)This decrease is added to net income in the Operating Activities section of a statement of cash flows prepared under the indirect method.
• C)This decrease is deducted from net income in the Operating Activities section of a statement of cash flows prepared under the indirect method.
• D)This decrease is considered only when the Operating Activities section of a statement of cash flows is prepared under the direct method.

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