Which of the following expenses has NO effect on the cash flow of a firm?
A)Salaries expense
B)Interest expense
C)Amortization expense
D)Cost of goods sold

Question

Quizplus · Accepted Answer

Amortization expense is a non-cash expense that affects the income statement through depreciation of intangible assets over time, but it does not involve an actual cash outflow, thus not affecting the cash flow of a firm.

Which of the Following Expenses Has NO Effect on the Cash