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    Introduction to Managerial Accounting Study Set 4
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    Exam 14: How Well Am I Doing Cash Flow Statement Online
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    Since Depreciation Expense Is Added Back to Net Income in the Operating
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Since Depreciation Expense Is Added Back to Net Income in the Operating

Question 1

Question 1

True/False

Since depreciation expense is added back to net income in the operating section of an indirect method cash flow statement, if depreciation expense increases cash flows will similarly increase.

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