When preparing a statement of cash flows, a decrease in accounts receivable during a period would cause which one of the followi

Question

2 years ago

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When preparing a statement of cash flows, a decrease in accounts receivable during a period would cause which one of the followi

ng adjustments in determining cash flow from operating activities? Direct Method Indirect Method Decrease Decrease Increase Increase Increase Decrease

Business

1 answer:

MakcuM [25] · Answer 1 · 2022-07-21T20:46:44+03:00

Answer:

Increase Increase

Explanation:

financial accounting, statement of cash flow can be regarded as a financial statement that gives the summary of values of amount cash as well as cash equivalent that enters or leave a firm. It gives the measurement of the well management of cash position of a company. It should be noted that When preparing a statement of cash flows, a decrease in accounts receivable during a period the adjustments in determining cash flow from operating activities is that Direct Method increases, Indirect Method increases.