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    Financial and Managerial Accounting Study Set 8
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    Exam 13: Statement of Cash Flows
  5. Question
    Depreciation Expense Reduces Net Income but Does Not Reduce the Net
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Depreciation Expense Reduces Net Income but Does Not Reduce the Net

Question 14

Question 14

True/False

Depreciation expense reduces net income but does not reduce the net cash flow from operating activities.

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