Under the indirect method,a decrease in accounts payable is added to net income to arrive at net cash flows from operating activities.

Name: Under the indirect method,a decrease in accounts payable is added to net income to arrive at net cash flows from operating activities.
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Quizplus · Accepted Answer

Under the indirect method, a decrease in accounts payable is actually subtracted from net income to arrive at net cash flows from operating activities.

Under the Indirect Method,a Decrease in Accounts Payable Is Added