On an indirect method statement of cash fl ows, an increase in accounts payable would be a.

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On an indirect method statement of cash fl ows, an increase in accounts payable would be

a. reported in the fi nancing activities section.

b. reported in the investing activities section.

c. added to net income in the operating activities section.

d. deducted from net income in the operating activities section.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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