Which of the following is not true about depreciation?
Group of answer choices
It is a non-cash expense.
It affects corporate taxes.
It does not affect net income.
All of these are true.
Solution :-
The correct answer is (D)
That is all of these are true about Depreciation
As Depreciation is a non case expense.
Depreciation affects Net income as Depreciation is a deductible expense.
Depreciation affects corporate taxes as it is a tax deductible expense.
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