Quiz 21.64 – Treatment of Depreciation in the Indirect Method Statement of Cash Flows

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Why is depreciation added to net income when preparing the statement of cash flows using the indirect method for determining net cash flows from operating activities?

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  • Search Terms: a activities, added affects amount an and as because: a) but cash cash. cash. b) cash. c) deducted depreciation determining does expense expenses. d) flows for from income indirect inflow is it method net not of on operating or portion preparing represents require significant source statement statement, the to using was when year's
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