14. Which of the following statements is CORRECT? A Since depreciation is not a

Question

14. Which of the following statements is CORRECT? A Since depreciation is not a cash expense, and since cash flows and not accounting income are the relevant input, depreciation plays no role in capital budgeting. B Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 3 years or longer. C If firms use accelerated depreciation, they will write off assets slower than they would under straight-line depreciation, and as a result projects

Explanation / Answer

d

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