An Increase in Accrued Liabilities of $1,000 During a Year

question 49

Multiple Choice

An increase in accrued liabilities of $1,000 during a year would be shown on the company's statement of cash flows prepared under the indirect method as:

• A) an addition to net income of $1,000 in order to arrive at net cash provided by operating activities.
• B) a deduction from net income of $1,000 in order to arrive at net cash provided by operating activities.
• C) a deduction of $1,000 under investing activities.
• D) an addition of $1,000 under financing activities.

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Definitions:

Full-term Infants

Babies born after the completion of 37 weeks of gestation, considered to have reached the end of their development in the womb.

Child Maltreatment

Abuse or neglect of a child under the age of 18 by a parent, caretaker, or another person in a custodial role, resulting in potential or actual harm to the child's health, survival, development, or dignity.

Educational Neglect

The failure of a caregiver to ensure a child receives appropriate schooling and educational opportunities, which can impact the child's learning and development.

Sibling Assault

Acts of violence or aggression perpetrated by one sibling against another, ranging from mild to severe.