When Using the Direct Method,how Is Depreciation Expense Recorded on the Statement

question 28

Multiple Choice

When using the direct method,how is depreciation expense recorded on the statement of cash flows?

• A)As an operating activity
• B)As an investing activity
• C)As a financing activity
• D)Not reported on the statement of cash flows

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Definitions:

Electronically Submit

The process of sending documents or information through electronic means, such as email or web-based platforms.

Transportation Services

Industry sector focused on moving people or goods from one place to another via various modes such as trucks, trains, ships, and airplanes.

Global Supply Chains

Refers to the worldwide interconnected networks through which goods, services, and information flow from suppliers to consumers.

General Agreement on Tariffs and Trade (GATT)

An international treaty that was aimed at reducing tariffs and other trade barriers to promote economic cooperation and international trade.