When Using the Indirect Method,a Decrease in a Current Asset

question 73

Multiple Choice

When using the indirect method,a decrease in a current asset (other than cash or cash equivalents) is:

• A) subtracted from current liabilities in the cash flows from financing activities section.
• B) subtracted from net income in the cash flows from operating activities section.
• C) added to net income in the cash flows from operating activities section.
• D) added in the cash flows from investing activities section.

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Definitions:

Type B Blood

A blood type characterized by the presence of B antigens on the red blood cells and anti-A antibodies in the plasma.

Antigen A

A specific molecular structure that the immune system can identify and respond to, often associated with pathogens.

Anti-A Antibodies

Proteins in the blood that specifically target and bind to antigens with the A blood group, leading to blood cell agglutination.

Transfusion Reaction

An adverse immune response that occurs when the recipient's immune system attacks transfused blood products that are not compatible.