Repayments of accounts payable or accrued liabilities are considered repayments of loans under financing activities.

Name: Repayments of accounts payable or accrued liabilities are considered repayments of loans under financing activities.
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Question

Quizplus · Accepted Answer

Repayments of accounts payable or accrued liabilities are considered as part of operating activities, not financing activities. Financing activities are typically associated with repayments of debt or issuance of equity capital.

Repayments of Accounts Payable or Accrued Liabilities Are Considered Repayments