An Increase in Current Liabilities Other Than Cash Would Appear

question 16

Multiple Choice

An increase in current liabilities other than cash would appear on the cash flow statement using the indirect approach as a(n) :

• A) addition under financing activities
• B) addition under investing activities
• C) addition to net income in the operating activities section
• D) deduction from net income in the operating activities section

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Definitions:

Lethargic

A state of sluggishness, fatigue, or lack of energy, often indicative of underlying health conditions.

Preoccupied

Engrossed in thought or concerns, often to the point of not being aware of one's surroundings.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Fear

An emotional response to perceived threats or danger, which serves as a mechanism for survival by triggering a fight or flight response.