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) accounts payable.
B) interest payable.
C) notes payable.
D) taxes payable.

Question

Quizplus · Accepted Answer

Notes payable typically affects financing activities on the statement of cash flows, not operating activities. The other options (accounts payable, interest payable, and taxes payable) generally involve operational transactions that affect cash flow from operating activities.

Almost All Current Liabilities Affect the Operating Category of the Statement