Depreciation Expense in the Statement of Cash Flows Is Reported

question 57

True/False

Depreciation expense in the Statement of Cash Flows is reported under the investing section.

---

Definitions:

Chlorophytum

A genus of perennial flowering plants, commonly known as spider plants, notable for their easy care and air-purifying qualities.

Asexually

The process by which an organism can reproduce and generate offspring without the need for a mating partner, resulting in a genetic clone of the parent.

Suckers

An organ in some animals specialized for adhesion, or a shoot from the base of a plant stem that can develop into a new plant.

Corms

Short, vertical, swollen underground plant stems that serve as storage organs to survive winter or dry months and to propagate new plants.