Assume the Indirect Method Is Used to Compute Net Cash

question 19

Multiple Choice

Assume the indirect method is used to compute net cash flows from operating activities.For this item extracted from the financial statements-Decrease in Accrued Liabilities-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:

• A)Add to net income to arrive at net cash flows from operating activities.
• B)Subtract from net income to arrive at net cash flows from operating activities.
• C)Not used to adjust net income to calculate net cash flows from operating activities.

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Definitions:

American Foreign Policy

The strategies and decisions made by the U.S. government in its interactions with other nations, focusing on national security, economic interests, and the promotion of American values.

Foreign Policy Goals

Objectives that a country seeks to achieve in its relations with other nations, including peace, economic prosperity, security, and the protection of human rights.

Permanent Alliances

Long-term partnerships between countries, typically formalized through treaties, aimed at mutual defense and security cooperation.

Foreign Powers

Nations other than one’s own, especially with reference to their dealings or relationships with one’s home country.