When preparing the note attached to the cash flow statement reconciling operating profit with cash flow from operations, which statement is not true? September 22, 2022 by 8i9x6 An increase in current liabilities is deducted from profit. A decrease in current assets is added to profit. An increase in current assets is deducted from profit. All of the above are true. See Answer An increase in current liabilities is deducted from profit.