Economics · Financial Management

In a statement of changes in financial position, which of the following would be considered as a 'Use of funds'?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1A decrease in accounts receivable
2An increase in accounts payable
3A decrease in inventory
4An increase in cash✓

Correct answer

An increase in cash

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In a statement of changes in financial position, which of the following would be considered as a 'Use of funds'?

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In a statement of changes in financial position, which of the following would be considered as a 'Use of funds'?

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