Which $of$ the following statements $is$ false?

Group $of$ answer choices

The direct and indirect methods yield different net cash flows from operating activities

The indirect method converts profi$\frac{t}{l}$oss from $an$ accrual basis $to$ a cash basis $of$ accounting

Interest payments are classified $asan$ operating activity $(not$ a financing activity$)$

Depreciation expense $is$ a non$-$cash transaction, therefore $is$ exclude$\frac{d}{r}$emoved for the purpose $of$ calculating cash flows under the indirect method