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    Exam 2: Essential Concepts in Finance: Part A
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    Amortization
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Amortization

Question 34

Question 34

Multiple Choice

Amortization:


A) is deducted from net income.
B) is a tax deductible non- cash expense.
C) represents a cash outflow on the cash flow statement.
D) is not a true expense.

Correct Answer:

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