Multiple Choice
What is the impact on the cash flow statement from a decrease in accounts receivable,assuming the indirect method is used?
A) A decrease in the cash flow from operating activities
B) An increase in the cash flow from operating activities
C) An increase in the cash flow from financing activities
D) A decrease in accounts receivable has an impact only if the direct method is used
Correct Answer:
Verified
Correct Answer:
Verified
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