When preparing the statement of cash flow using the indirect method, Depreciation Expense is ______. Multiple choice question. subtracted net income under the financing activities section subtracted from net income under the operating activities section added back to net income under the financing activities section added back to net income under the operating activities section

When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.

What is the indirect method for a cash flow statement?

The indirect method for a cash flow statement serves as one of the methods that helps in the presentation of data which can be used to display the expenditure of a company during a certain period .

This method takes the company's net income , then perform addition or subtraction on balance sheet items to determine cash flow.

hence, When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.

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