Which of the Following Statements Regarding the Inclusion of Liabilities

question 106

Multiple Choice

Which of the following statements regarding the inclusion of liabilities on the statement of cash flows is true?

• A)All current liabilities affect the Operating Activities section.
• B)Long-term liabilities generally affect the Investing Activities section.
• C)A decrease in a current liability from the beginning to the end of the year is accompanied by a decrease of cash.
• D)A decrease in a current liability from the beginning to the end of the year is accompanied by an inflow of cash.

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Definitions:

Create Database

The process of establishing a structured set of data stored in a computer system, allowing for efficient access and management.

Access Options

Settings and preferences that control how a software application behaves or how users interact with it.

Existing Database

A database that has been previously created and contains data used for various purposes.

Datasheet View

A data presentation style in database programs that organizes information into rows and columns, similar to a spreadsheet layout.