Multiple Choice
In preparing a statement of cash flows using the indirect method,the Depreciation Expense ________.
A) is added back as an adjustment to Net Income in the operating activities section
B) is shown as a negative cash flow in the investing activities section
C) is added back to Purchases of Plant Assets under investing activities
D) is shown as a negative cash flow under operating activities
Correct Answer:
Verified
Correct Answer:
Verified
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