Depreciation on fixed assets implies
A)an application of funds
B)a sources of fund
C)no flow of funds
D)none of these

Name: Depreciation on fixed assets implies A)an application of funds B)a sources of fund C)no flow of funds D)none of these
Brand: Quizplus
Rating: 4.9 (29 reviews)

Question

Quizplus · Accepted Answer

Depreciation on fixed assets is a non-cash expense that reduces the book value of assets but does not involve any actual cash flow, hence it results in no flow of funds.

Depreciation on Fixed Assets Implies