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Under the direct method, depreciation expense is treated as an outflow in the Investing Activities section of the statement of cash flows. (Points : 5) True False
Under the direct method, depreciation expense is treated as an outflow in the Investing Activities section of the statement of cash flows. TRUE. 
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Asked 10/5/2013 4:45:12 PM
Updated 3/30/2017 2:54:52 AM
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Edited by jeifunk [3/30/2017 2:54:52 AM]
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Under the direct method, depreciation expense is treated as an outflow in the Investing Activities section of the statement of cash flows. TRUE. 
Added 3/29/2017 11:33:17 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/30/2017 2:54:54 AM]
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