Generally,an Increase in a Current Liability Results in an Increase

question 101

True/False

Generally,an increase in a current liability results in an increase in the Operating Activities category of the cash flow statement.

---

Definitions:

Coping Skill

Techniques or strategies used by individuals to manage stress, navigate difficult situations, or deal with emotional challenges.

Defense Mechanism

Psychological strategies unconsciously used to protect a person from anxiety arising from unacceptable thoughts or feelings.

Rationalization

To explain on rational grounds, to devise plausible explanations for one’s acts.

Displacement

The transfer of emotions about one person or situation to another person or situation.