Which of the following statements is TRUE?
A) The accounting book value for all assets in a class equals the UCC for that class.
B) The CCA claimed does not affect cash outflows.
C) The total CCA available over the life of the asset depends on the method of depreciation used.
D) Since CCA does not involve a cash expenditure, it can be ignored in capital-budgeting decisions.
E) The depreciation method used does not affect cash inflows from operations.
Correct Answer:
Verified
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