Under the indirect method, if a current liability account increases from the beginning of the year to the end of the year, what is the impact of the change on the statement of cash flows?

a. Cash inflow from financing
activities is increased; b. Cash inflow from financing activities is decreased; c. Cash inflow from operating activities is increased; d. Cash inflow from operating activities is decreased; e. none of these.

C

Business

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In a typical SWOT analysis, which of the following would be considered a strength for a

company? A) a reputation for delivering innovative products B) higher disposable incomes in the target market C) relaxed government product safety regulations D) the exit of a competitor from the market

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A party to whom a tenant transfers all his or her rights under a lease is known as a(n) ________

A) lessee B) assignee C) consignee D) licensee

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