Question: Which statement regarding the indirect method is false? (A) Depreciation expense is added to net income. B An increase in accounts receivable is added

Which statement regarding the indirect method is false? (A) Depreciation expense is

Which statement regarding the indirect method is false? (A) Depreciation expense is added to net income. B An increase in accounts receivable is added to net income. C An increase in merchandise inventory is subtracted from net income. D An increase in accounts payable is added to net income.

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