Quz - Statement of Cash Flows Help Save & Ex TB TF Qu. 16-54 When preparing the operating activities. When preparing the operating activities section of the statement of cash flow using the Indirect method, or increase in income taxes payable is added back to net income IM True True False TB TF Qu. 16-55 When preparing the operating... When preparing the operating activities section of the statement of cash flows using the Indirect method, decreases in current operating liabilities are added back to ne Income True or Fase True False When peparing the operating activities section of the statement of cash flows using the indirect method decreases in current tables are subtracted from pet income True or False True False TB TF Qu. 16-58 When preparing the operating... When preparing the operating activities section of the statement of cash flows using the indirect method, depreciation is added back to net income True or False True False