Using the Indirect Method,cash Flows from Operating Activities Would Be

question 23

Multiple Choice

Using the indirect method,cash flows from operating activities would be increased by which of the following?

• A) Gain on sale of investments
• B) Decrease in accounts receivable
• C) Decrease in accounts payable
• D) Increase in prepaid expenses

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Definitions:

Minimize Costs

The process of finding ways to reduce expenses and lower the cost of production in order to increase profitability.

Last Dollar

The concept of last dollar refers to the final portion of funding or resources available for a project, initiative, or individual, often indicating the utilization of all available funds.

Minimize Costs

The process or strategy of reducing expenses to the lowest possible level while maintaining efficiency.

Last Dollar

The final unit of currency spent or invested in the completion of a transaction or project.