An Increase in Depreciation Expense Will (Other Things Equal)

question 71

Multiple Choice

An increase in depreciation expense will (other things equal) :

• A) increase net income.
• B) decrease net income.
• C) increase taxable income.
• D) decrease the market value of assets.

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Definitions:

Dominant Genes

Genes that express their traits in the phenotype, regardless of the presence of their recessive counterparts in an organism's genotype.

Recessive Genes

Genes that produce their characteristic phenotype only when their allele is identical and not masked by a dominant allele in a pair.

Additive Genes

Genes that contribute incrementally in varying degrees to the phenotype of an organism.

Dominant

Refers to a trait that overshadows another when both are present, or an individual/group that exerts power over others in a given context.