Q11-44. On an indirect method statement of cash flows, an increase in a prepaid insurance would be
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Q11-44. On an indirect method statement of cash flows, an increase in a prepaid insurance would be
a. added to increases in current assets.
c. added from net income.
b. included in payments to suppliers.
d. deducted to net income.
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Related Book For
Financial Accounting International Financial Reporting Standards Global Edition
ISBN: 9781292211145
11th Edition
Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison
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