Question: 1 . Under the direct method, depreciation expense is _ _ _ _ _ in the Operating Activities section. a . added b . deducted
Under the direct method, depreciation expense is in the Operating Activities section.
a added
b deducted
c ignored
d None of these are correct.
abcd
The difference between the direct and indirect methods lies in the presentation of the cash flows from activities.
a financing
b investing
c operating
d None of these are correct.
abcd
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