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    Managerial Accounting Study Set 23
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    Exam 14: Capital Budgeting Decisions
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    Depreciation Expense Is Not Included in the Computation of Incremental
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Depreciation Expense Is Not Included in the Computation of Incremental

Question 235

Question 235

True/False

Depreciation expense is not included in the computation of incremental net income when determining the income tax expense associated with a capital budgeting project.

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