Examlex
Which of the following statements is not true?
Indirect Method
A method for preparing the cash flow statement where net income is adjusted for changes in balance sheet items to calculate cash flow from operating activities.
Depreciation Expense
This is the systematic allocation of the cost of a tangible asset over its useful life.
Investing Activities
Financial transactions and decisions related to acquiring or disposing of long-term assets and investments that can affect a company's capital structure.
Cash Inflow
Refers to the money received by a business from its various activities, including sales, investments, and financing.
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