Question: When preparing a statement of cash flows, a decrease in accounts receivable during a period would cause which one of the following adjustments in calculating
When preparing a statement of cash flows, a decrease in accounts receivable during a period would cause which one of the following
adjustments in calculating cash flows from operating activities?
Direct Method
Indirect Method
decrease
increase
increase
increase
increase
decrease
decrease
decrease
The answer is not decrease decrease or decrease increase fyi.
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