Quiz 16.33 – Impact of Decrease in Deferred Tax Liability on Cash Flows

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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When using the indirect method for determining cash flows from operating activities in the statement of cash flows, what is the treatment of a decrease in deferred tax liabilities?

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  • Search Terms: a activities, activities. added by cash decrease deferred determining financing flows flows, for from ignored. d) in included income. b) income. c) indirect is: a) liabilities method net of operating statement subtracted tax the to under using
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