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:

Honest

The quality of being fair and truthful; free of deceit.

Possible Harm

The potential for damage, injury, or adverse effects in a situation, necessitating caution or preventive measures.

Benefits of Research

The valuable outcomes of research activities, which may include advancements in knowledge, societal improvements, and technological progress.

Balance

The ability to maintain a controlled body position while performing a task, whether moving or stationary; also used metaphorically to describe equilibrium in various contexts.