Since depreciation is a noncash charge,it neither appears on,nor has any effect on,the cash budget.

Name: Since depreciation is a noncash charge,it neither appears on,nor has any effect on,the cash budget.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Depreciation, while a noncash charge and not directly affecting the cash budget, impacts it indirectly through its effect on taxes. Depreciation reduces taxable income, thereby affecting the cash outflows for taxes in the cash budget.

Since Depreciation Is a Noncash Charge,it Neither Appears On,nor Has