Depreciation Expense Is Not a Source of Cash; However,it Is

question 118

True/False

Depreciation expense is not a source of cash; however,it is subtracted from net income when determining net cash flow from operations under the direct method.

---

Definitions:

Organizational Behavior

The study of how people interact within groups in a workplace setting and how this behavior affects the performance of an organization.

Scientific Method

A systematic approach to research in which problems are identified, hypotheses formulated, and experiments designed to test the hypotheses.

Critical-Thinking Process

The active process of analyzing, assessing, and evaluating information in a logical manner to make reasoned judgments.

Independent Variables

Factors that remain unchanged.