Question
Which of the following statements is CORRECT? A. In the statement of cash flows, a decrease in accounts receivable is reported as a use of
Which of the following statements is CORRECT?
| A. | In the statement of cash flows, a decrease in accounts receivable is reported as a use of cash. | |
| B. | In the statement of cash flows, a decrease in inventories is reported as a use of cash. | |
| C. | In the statement of cash flows, an increase in accounts payable is reported as a source of cash. | |
| D. | In the statement of cash flows, depreciation expenses are reported as a use of cash. |
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
