When preparing a statement of cash flows, an increase in accounts payable during a period would require which of the following adjustments in determining cash flows from operating activities? Indirect Method Direct Method

When preparing a statement of cash flows, an increase in accounts payable during a period would require which of the following adjustments in determining cash flows from operating activities?
Indirect Method Direct Method




a. Increase Decrease
b. Decrease Increase
c. Increase Increase
d. Decrease Decrease







Answer: A


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Accounting Chapter 23

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