A-Z Auto Parts Company uses the indirect method to prepare the statement of cash flows.Refer to the following section of the comparative balance sheet:

How will the change in Accrued Liabilities be shown on the statement of cash flows?
A)as an addition to Net Income
B)as a deduction from Net Income
C)as a deduction from operating cash flows
D)as an addition to operating cash flows

Question

A-Z Auto Parts Company uses the indirect method to prepare the statement of cash flows.Refer to the following section of the comparative balance sheet:

How will the change in Accrued Liabilities be shown on the statement of cash flows?
A)as an addition to Net Income 
B)as a deduction from Net Income 
C)as a deduction from operating cash flows 
D)as an addition to operating cash flows

Quizplus · Accepted Answer

The Answer of A-Z Auto Parts Company uses the indirect method to prepare the statement of cash flows.Refer to the following section of the comparative balance sheet:

How will the change in Accrued Liabilities be shown on the statement of cash flows?
A)as an addition to Net Income 
B)as a deduction from Net Income 
C)as a deduction from operating cash flows 
D)as an addition to operating cash flows

A-Z Auto Parts Company Uses the Indirect Method to Prepare