Multiple choice question about finance

[jwiatr]

10)

In the most general sense, which of the following would you expect to be true?

If a current time asset account and a current liability account both increase by the same amount, there is a net use of funds

If fixed assets decrease by the amount of depreciation for the year, there is a net use of funds

Changes in income and expense accounts do no affect sources and uses of funds

If a liability account increases and an asset account decreases by the same amount there is a net source of funds

If the common stock outstanding increases there is a use of fund

[Ethel]

No choice answer:

Use the proper and recommended sources of reference and do your own research.