For a statement of cash flows, when preparing the note reconciling a net loss and cash flow from operations, depreciation is:

Select one:

a. does not appear in the reconciliation.

b. appears as part of the profit figure.

c. added back to the net loss.

d. subtracted from net loss.

When preparing the note attached to the cash flow statement reconciling profit and cash flow from operations, proceeds from the disposal of non-current assets are:

Select one:

a. subtracted from the profit.

b. do not appear in the reconciliation.

c. sometimes added back to the profit and sometimes subtracted from the profit depending on whether a loss or profit on disposal is incurred.

d. added back to the profit.