On a reconciliation of net income to cash from operations, depreciation is treated as an...
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Accounting
On a reconciliation of net income to cash from operations, depreciation is treated as an adjustment to net income because depreciation: Multiple Choice is a direct outflow of cash. reduces net income but does not involve an outflow of cash. reduces net income and involves an outflow of cash. is an outflow of cash to a reserve account for replacement of assets. 
On a reconciliation of net income to cash from operations, depreciation is treated as an adjustment to net income because depreciation:
Multiple Choice
is a direct outflow of cash.
reduces net income but does not involve an outflow of cash.
reduces net income and involves an outflow of cash.
is an outflow of cash to a reserve account for replacement of assets.
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