How is depreciation expense treated under the indirect method of preparing the statement of cash flows? a.

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How is depreciation expense treated under the indirect method of preparing the statement of cash flows?

a. as an outflow in the Operating Activities section of the statement

b. as an outflow in the Investing Activities section of the statement

c. as an addition to net income in the Operating Activities section of the statement

d. Depreciation expense does not appear on the statement of cash flows when the indirect method is used.

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Financial Accounting The Impact On Decision Makers

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Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Jun 10, 2024 01:13 AM

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How is depreciation expense treated under the indirect method of preparing the statement of cash flows? a.

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Financial Accounting The Impact On Decision Makers

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