How is depreciation accounted for on the Statement of Cash Flows?
A) Depreciation is irrelevant for cash flow purposes and has no place on the Statement of Cash Flows.
B) Depreciation expense is included in the operating activities section of the statement.
C) As depreciation is deducted to determine Net Income there is no need to include it on the statement.
D) None of the above
Correct Answer:
Verified
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