When Analyzing the Changes on a Spreadsheet Used to Prepare

Multiple Choice

When analyzing the changes on a spreadsheet used to prepare a statement of cash flows, the cash flows from financing activities generally affect:

A) Both noncurrent assets and noncurrent liabilities.
B) Noncurrent assets.
C) Net income, current assets, and current liabilities.
D) Noncurrent liability and equity accounts.
E) Equity accounts only.