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    Introduction to Management Accounting
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    Exam 16: Understanding Corporate Annual Reports: Basic Financial Statements
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    The Major Operating Activity on the Statement of Cash Flows
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The Major Operating Activity on the Statement of Cash Flows

Question 46

Question 46

Multiple Choice

The major operating activity on the statement of cash flows that decreases cash is ________.


A) purchases of inventory on account
B) purchases of equipment for cash
C) payment of rent
D) payment for inventory purchases

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