When using the indirect method,how is the decrease in accounts payable shown on the statement of cash flows?
A)As an operating activity
B)As an investing activity
C)As a financing activity
D)As a noncash investing and financing activity

Question

Quizplus · Accepted Answer

The decrease in accounts payable is shown as an operating activity on the statement of cash flows using the indirect method because it represents an increase in cash paid for operating expenses.

When Using the Indirect Method,how Is the Decrease in Accounts