Since Depreciation Is a Non-Cash Charge, It Neither Appears on nor Has

question 17

True/False

Since depreciation is a non-cash charge, it neither appears on nor has any effect on the cash budget.Thus, if the depreciation charge for the coming year doubled or halved, this would have no effect on the cash budget.

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Definitions:

Product Development

The creation of new products or significant improvements on existing ones, from concept generation to market introduction.