Depreciation, as shown on the statement of comprehensive income, is regarded as a use of cash because it is an expense.

Name: Depreciation, as shown on the statement of comprehensive income, is regarded as a use of cash because it is an expense.
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Quizplus · Accepted Answer

Depreciation is a non-cash expense, meaning that it does not involve an actual outflow of cash from the business. Therefore, it is not considered a use of cash and would not be shown as such on the statement of cash flows.

Depreciation, as Shown on the Statement of Comprehensive Income, Is