Depreciation Expense Is Not a Source of Cash

question 53

True/False

Depreciation expense is not a source of cash.

---

Definitions:

Escheat To The Crown

A legal process where unclaimed or ownerless land and property revert back to the state or monarch.

Electronic Commerce

The act of purchasing and selling products and services, or the transfer of money and information, primarily through the internet.

Telecommunications Technologies

Tools and devices used to transmit information over distances, such as telephones, the internet, and satellite systems.

Digitized Offerings

Products or services that are converted into digital form to be accessed or purchased online.