When Using the Indirect Method to Prepare the Statement of Cash

question 38

Multiple Choice

When using the indirect method to prepare the statement of cash flows, depreciation should be presented as a(n) :

• A) cash flow from investing activities.
• B) cash flow from financing activities.
• C) deduction from net income.
• D) addition to net income.

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Definitions:

Generation X

Refers to individuals born between 1964 and 1979.

Generation Y

Refers to individuals born between 1980 and 1995.

Generation X

The demographic cohort born between the mid-1960s to early 1980s, known for its entrepreneurial spirit and adaptability to technology and change.

Generation Y

Refers to the demographic cohort following Generation X, typically born between the early 1980s and the mid-1990s to early 2000s.