Multiple Choice
When using the direct method,how is depreciation expense recorded on the statement of cash flows?
A) As an operating activity
B) As an investing activity
C) As a financing activity
D) Not reported on the statement of cash flows
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: A friend of yours says: "Its easy
Q24: Depreciation is a noncash expense that is
Q25: Use the selected data from the
Q26: Washington Corp.reported the following information for
Q27: Issuance of stock results in cash inflows
Q29: Because the cash received from the sale
Q30: A company generated $1,830,000 from its operating
Q31: _ are items that are readily convertible
Q32: A decrease in retained earnings represents dividends
Q33: Eastern Corp.<br>Use the following selected data