Almost All Current Liabilities Affect the Operating Category of the Statement

question 50

Multiple Choice

Almost all current liabilities affect the Operating category of the statement of cash flows,but one that does not affect cash provided by operating activities is

• A)accounts payable.
• B)interest payable.
• C)notes payable.
• D)taxes payable.

---

Definitions:

Small Business Administration

A U.S. government agency that provides support, resources, and loans to small businesses.

Loan

Money borrowed that is expected to be paid back with interest, typically used for larger purchases or to bridge temporary financial gaps.

Cash-flow Method

A financial analysis approach that evaluates an investment's profit or loss by considering the timing and amount of cash inflows and outflows.

Business Valuation

A process and a set of procedures used to estimate the economic value of an owner’s interest in a business.