Changes in current assets and current liabilities are reported on the statement of cash flows, using the indirect method, in the

A) operating activities
B) financing activities
C) investing activities
D) separate schedule of noncash activities

Current Assets

Items that are likely to be cashed in, sold off, or used up within one year or during the usual operating period of a company.

Indirect Method

An approach used in cash flow statements to adjust net income for non-cash transactions and changes in working capital to calculate operating cash flow.

Operating Activities

Activities that constitute the primary or main activities of a business, including the production, sale, and delivery of its products and services.