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:

Subcontraries

In logic, subcontraries refer to a pair of propositions in Aristotelian or traditional square of opposition that cannot both be false, although they can both be true.

Referents

Objects, events, or concepts to which words, symbols, signs, or expressions refer.

Affirmative Proposition

A statement that asserts the truth of something, as opposed to denying it.

Modern View

Contemporary perspective or way of thinking in contrast to traditional views.