Question: ..... .. 52 166 points Under the indirect method of cash flow statement preparation, accounts payable decreasing during the period tells us that O cash

..... ..
..... .. 52 166 points Under the indirect method of cash flow

52 166 points Under the indirect method of cash flow statement preparation, accounts payable decreasing during the period tells us that O cash payments for expenses were the same as the expenses reported on the income statement. cash payments for expenses were more than the expenses reported on the income statement, A change in accounts payable does not tell us anything about cash. cash payments for expenses were less than the expenses reported on the income statement. 3 1.67 points On the cash flow statement, an example of a significant non-cash disclosure would be: O payment of divdends. O the issuance of common stock to pay for land. paying cash for a piece of equipment. repaying a loan

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