Depreciation Expense Is

question 37

Multiple Choice

Depreciation expense is:

• A)added to the investing activities on a statement of cash flows.
• B)added to net income on a statement of cash flows, since it decreases net income but does not involve an outflow of cash.
• C)subtracted from net income on a statement of cash flows, since it decreases net income but does not involve an outflow of cash.
• D)subtracted from the investing activities on a statement of cash flows.

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