For each of the following activities that may take place during the accounting period, indicate the effect a-g on the statement of cash flows prepared using the indirect method.Choices may be selected as the answer for more than one question.
-amortization of intangible assets
A)increase cash from operating activities
B)decrease cash from operating activities
C)increase cash from investing activities
D)decrease cash from investing activities
E)increase cash from financing activities
F)decrease cash from financing activities
G)noncash investing and financing supplement

Question

Quizplus · Accepted Answer

Amortization of intangible assets is a non-cash expense that is added back to net income in the operating activities section of the cash flow statement when using the indirect method.

For Each of the Following Activities That May Take Place