Question

Depreciation is a non-cash expense.(true/false)​

Answer 1

Answer:

True

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Answer 2

Depreciation is the permanent and continuous decrease in the book value of a depreciable fixed asset due to use, effluxion of time, obsolescence expiration of legal rights or any other cause. Depreciation does not result in cash out flow. It is a non cash expenditure.

So the statement is True

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