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posledela
3 years ago
6

When preparing the statement of cash flows using the indirect​ method, a decrease in current liabilities is added to the net inc

ome to arrive at net cash provided by operating activities.
a) true
b) false
Business
1 answer:
sergij07 [2.7K]3 years ago
7 0

Answer:

b) false

Explanation:

Operating activities: It contains those transactions that affect the after-net income working capital. It would subtract the increase in current assets and a decline in current liabilities, while adding the reduction in current assets and a rise in current liabilities.

Therefore, the given statement is false.  

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