Question: When using the indirect method to determine operating cash flows, how is depreciation expense recorded on the statement of cash flows? a. Investing activity b.

When using the indirect method to determine operating cash flows, how is depreciation expense recorded on the statement of cash flows?

a. Investing activity

b. Noncash investing and financing activity

c. Financing activity

d. Not reported on the statement of cash flows

e. Operating activity

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