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Jimmyhighroller Jimmyhighroller
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A year ago
A company's prepaid insurance account decreased by $1,000 during the year. Which of the following will appear on the statement of cash flows prepared using the indirect method?

▸ An addition under operating activities

▸ A deduction under operating activities

▸ A deduction under investing activities

▸ An addition under investing activities
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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Tram N.Tram N.
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A year ago
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