Question
Indicate whether a decrease in Accounts Payable will have a positive or negative EFFECT ON CASH. A positive effect can be thought of as a
Indicate whether adecreasein Accounts Payablewill have a positiveornegativeEFFECT ON CASH.
Apositive effectcan be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement.
Anegative effectcan be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement.
Group of answer choices
negative
positive
Apositive effectcan be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement.
Anegative effectcan be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement.
Group of answer choices
negative
positive
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
