When preparing the operating section of the statement of cash flows using the indirect method,noncash operating expenses are added back to net income.

Name: When preparing the operating section of the statement of cash flows using the indirect method,noncash operating expenses are added back to net income.
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Quizplus · Accepted Answer

Noncash operating expenses, such as depreciation and amortization, are added back to net income when preparing the operating section of the statement of cash flows using the indirect method.

When Preparing the Operating Section of the Statement of Cash