A Decreasing Long-Term Liability Account Is Presented on the Statement

question 66

Multiple Choice

A decreasing long-term liability account is presented on the statement of cash flows as

• A)a decrease in cash in the Financing Activities category.
• B)an decrease in cash in the Investing Activities category.
• C)an increase in cash in the Operating Activities category.
• D)an increase in cash in the Financing Activities category.

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Definitions:

Transverse Colon

A part of the large intestine that crosses the abdomen horizontally from right to left, involved in the absorption of water and salts.

Vertebrate Digestive Tract

The system of organs within vertebrates that ingests, digests, and absorbs nutrients, and expels waste, beginning with the mouth and ending with the anus.

Surface Area

The total area that the surface of an object occupies, which is significant in various physical and biological processes due to its impact on rates of reaction and exchange.

Structural Adaptations

Physical features of an organism that enable it to survive and reproduce in its environment.