Which of the following statements regarding the inclusion of liabilities on the statement of cash flows is true?
A) Long-term liabilities generally affect the investing activities section.
B) A decrease in a current liability from the beginning to the end of the year is accompanied by an inflow of cash.
C) All current liabilities affect the operating activities section.
D) A decrease in a current liability from the beginning to the end of the year is accompanied by a decrease of cash.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements regarding the inclusion of liabilities on the statement of cash flows is true?
A) Long-term liabilities generally affect the investing activities section.
B) A decrease in a current liability from the beginning to the end of the year is accompanied by an inflow of cash.
C) All current liabilities affect the operating activities section.
D) A decrease in a current liability from the beginning to the end of the year is accompanied by a decrease of cash.

Which of the Following Statements Regarding the Inclusion of Liabilities