Using the Direct Method (Statement of Cash Flows),depreciation Expense Would

question 46

Multiple Choice

Using the direct method (statement of cash flows) ,depreciation expense would:

• A)be subtracted from net income
• B)be added to net income
• C)have no adjustment made to net income
• D)be added to the investing section of the statement of cash flows

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Definitions:

Performance

A measurement of how efficiently and effectively a person, system, or machine operates to meet its goals.

Process

A series of actions or steps taken to achieve a particular end, often referring to production, business, or administrative procedures.

ISO 9000

A set of international standards for quality management and quality assurance designed to help companies ensure they meet customer and other stakeholder needs.

Process

A series of actions or steps taken to achieve a particular end, often described in manufacturing, project management, or business procedures.