Question
Which of the following statement about the indirect method of Cash Flow Statements is NOT true? An increase in Salary Payable is an increase in
Which of the following statement about the indirect method of Cash Flow Statements is NOT true?\
An increase in Salary Payable is an increase in cash flow from operating activities
An increase in PPE is an increase in cash flow from investing activities
An increase in Prepaid Expense is a decrease in cash flow from operating activities.
An increase in Long-term Loans is an increase in cash flow from financing activities
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Applying IFRS Standards
Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas
4th Edition
1119159229, 9781119159223
