Depreciation expense taken on plant assets does not directly decrease cash.However,depreciation does provide a "tax shield".Explain the concept of a "tax shield" as it relates to depreciation expense.

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The Answer of Depreciation expense taken on plant assets does not directly decrease cash.However,depreciation does provide a "tax shield".Explain the concept of a "tax shield" as it relates to depreciation expense.

Depreciation Expense Taken on Plant Assets Does Not Directly Decrease