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  3. Study Set
    Accounting Study Set 5
  4. Exam
    Exam 16: The Cash Flow Statement
  5. Question
    In Creating a Cash Flow Statement Using the Indirect Method
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In Creating a Cash Flow Statement Using the Indirect Method

Question 25

Question 25

True/False

In creating a cash flow statement using the indirect method, depreciation expense is added back as an adjustment to profit under operating activities.

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