Almost all current liabilities affect the operating category of the statement of cash flows, but one that does not affect cash provided by operating activities is
A) interest payable.
B) notes payable.
C) accounts payable.
D) taxes payable.

Question

Quizplus · Accepted Answer

Notes payable is a financing activity, not an operating activity, as it involves borrowing or repaying debt.

Almost All Current Liabilities Affect the Operating Category of the Statement