Question
True Or False: On the cash flow statement, in the cash from operating activities section, the depreciation expense for the year is always added back
True Or False: On the cash flow statement, in the cash from operating activities section, the depreciation expense for the year is always added back in because it has decreased net assets but did not affect cash.
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Survey of Accounting
Authors: Carl S Warren
6th edition
978-113318912, 1133189121, 978-1133189121
