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    Financial Accounting Study Set 21
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    Exam 5: The Statement of Cash Flows
  5. Question
    If Prepaid Expenses Are Shown as Having a Positive Effect
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If Prepaid Expenses Are Shown as Having a Positive Effect

Question 5

Question 5

True/False

If prepaid expenses are shown as having a positive effect on cash flow,it is because prepaid expenses increased during the year.

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