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Recording Depreciation Expense Does Which of the Following

Question 2

Multiple Choice

Recording depreciation expense does which of the following?


A) It reduces profit but does not affect the amount of cash generated by a company.
B) It does not affect profit or the amount of cash generated by a company.
C) It reduces profit and increases the amount of cash generated by a company.
D) It reduces both profit and the amount of cash generated by a company.

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