问题
单项选择题
When preparing a statement of cash flows under the indirect method, the adjustment to net income for an increase in wages payable (WP) and a decrease in the deferred tax liability (DTL) on the balance sheet compared to the prior reporting period is: Increase in WP Decrease in DTL()①A. Negative No adjustment ②B. Positive Negative ③C. Positive No adjustment
A. ①
B. ②
C. ③
答案
参考答案:B
解析:
Both are liability accounts so the adjustment for an increase is to increase net income and the adjustment for a decrease is to decrease net income, both by the appropriate amounts.