16. In determining net cash flow from operating activities, a decrease in accounts payable during a period A) B) requires C) requires D) requires a decrease adjustment to cost of goods sold under the direct method. means that income on an accrual basis is less than income on a cash basis. an addition adjustment to net income under the indirect method an increase adjustment to cost of goods sold under the direct method. 17. An increase in inventory balance would be reported in a statement of cash flows using the indirect method (reconciliation method) as a(n) A) addition to net income in arriving at net cash flow from operating activities. ) deduction from net income in arriving at net cash flow from operating activities. cash outflow from investing activities C) cash outflow from financing activities. D) 18. When preparing a statement of cash flows (indirect method), which of the following is adjustment to reconcile net income to net cash provided by operating activities? A change in interest payable A) A change in dividends payable B) C) A change in income taxes All of these are adjustments. not an ayable D) 16. In determining net cash flow from operating activities, a decrease in accounts payable during a period A) B) requires C) requires D) requires a decrease adjustment to cost of goods sold under the direct method. means that income on an accrual basis is less than income on a cash basis. an addition adjustment to net income under the indirect method an increase adjustment to cost of goods sold under the direct method. 17. An increase in inventory balance would be reported in a statement of cash flows using the indirect method (reconciliation method) as a(n) A) addition to net income in arriving at net cash flow from operating activities. ) deduction from net income in arriving at net cash flow from operating activities. cash outflow from investing activities C) cash outflow from financing activities. D) 18. When preparing a statement of cash flows (indirect method), which of the following is adjustment to reconcile net income to net cash provided by operating activities? A change in interest payable A) A change in dividends payable B) C) A change in income taxes All of these are adjustments. not an ayable D)