On a Statement of Cash Flows Using the Indirect Method

question 38

Multiple Choice

On a statement of cash flows using the indirect method, depreciation expense will

• A)be added to profit in the operating activities section.
• B)be deducted from profit in the operating activities section.
• C)appear as an inflow of cash in the investing activities section.
• D)be ignored.

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Definitions:

American Hospital Association

A national organization that provides education, advocates on behalf of its members, and creates guidelines to support hospital and healthcare administration.

American Society of Clinical Pathologists

A professional association aimed at providing excellence in pathology and laboratory medicine through certification, education, and advocacy.

American Pharmacists Association

A professional organization that represents pharmacists across the United States, advocating for the profession and patient care.

Family Practitioners

Family Practitioners are medical doctors who provide comprehensive healthcare for individuals and families across all ages, genders, and diseases, focusing on preventative care and chronic disease management.