Question:Which of the following statements about depreciation expense is true?
A Depreciation expense increases the expense for a period but does not use cash.
B When determining funds from operations, depreciation expense that had originally been subtracted in computing net income is added back to net income, but it is not a use of cash.
C Depreciation expense is not a source of funds.
D All of these statements are true.
+ AnswerD
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