Question Mode

Multiple Choice Question

When calculating net cash flow provided by operating activities using the indirect method, a decrease in Accrued Liabilities, such as Wages and Salaries Payable, is subtracted from net income to include the effects of transactions that Blank$\_\_\_\_\_\_$ cash, but Blank$\_\_\_\_\_\_$ net income.

Multiple choice question.

do not affect; increase

increase; do not affect

decrease; do not affect

do not affect; decrease