All changes in long-term liabilities are reflected in the Financing Activities category of the statement of cash flows.

Name: All changes in long-term liabilities are reflected in the Financing Activities category of the statement of cash flows.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Not all changes in long-term liabilities are reflected in the Financing Activities category; some may be due to non-cash transactions or operating activities.

All Changes in Long-Term Liabilities Are Reflected in the Financing