Question
Which of the following is not a correct categorization of a cash inflow/outflow on the statement of cash flows under the indirect method? a. Payment
Which of the following is not a correct categorization of a cash inflow/outflow on the statement of cash flows under the indirect method?
a. Payment of dividend = financing, decrease
b. Increase in salaries payable = operating, increase
c. Repayment of principal on bonds payable = financing,
d. decrease Loss on sale of equipment = investing, increase
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
2nd edition
1111824401, 978-1111824402
