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 the financing category of the statement of cash flows, not the operating category. This is because notes payable are often related to borrowing or repaying long-term debt, which is considered a financing activity.

Almost All Current Liabilities Affect the Operating Category of the Statement