When the Indirect Method Is Used to Prepare the Statement

question 68

Essay

When the indirect method is used to prepare the statement of cash flows, are increases in current liabilities added or subtracted from net income to arrive at the net cash flow?

---

Definitions:

Social Trends

Patterns of behavior, interests, or opinions that are popular or expected within a society at a certain time.

Marketing Practices

Techniques and strategies used by companies to analyze, create, communicate, and deliver offers that have value for customers and clients.

Impact

The effect or influence of one thing on another, often used to describe the significant effect that actions or policies have on a community, environment, or economy.

Marketing Strategy

An organization's integrated plan for reaching specific marketing-related objectives within a given timeframe, involving the marketing mix, segmentation, targeting, and positioning.