Depreciation Is a Unique Expense Because It

question 39

Multiple Choice

Depreciation is a unique expense because it

• A) does not require a cash outlay.
• B) does not affect income taxes.
• C) is the same amount every accounting period.
• D) has to be calculated.

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Definitions:

Policy Makers

Individuals or groups responsible for creating and implementing laws, regulations, or guidelines within an organization or government.

Operating Personnel

Workers directly involved in the operation and functioning of machinery, equipment, or systems within an organization.

Developmental Process

A series of steps or stages that result in growth, progress, or evolution in an individual, organization, or product.

Efficiency

The ability to achieve a goal or desired outcome with the least waste of time, effort, or resources.