Question: When preparing a statement of cash flows, a decrease in prepaid insurance during a period would require which of the following adjustments in determining cash

When preparing a statement of cash flows, a decrease in prepaid insurance during a period would require which of the following adjustments in determining cash flows from operating activities?

A. Indirect method increase; direct method decrease

B. Indirect method decrease; direct method increase

C. Indirect method increase; direct method increase

D. Indirect method decrease; direct method decrease

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