Non-cash charges are expenses that involve an actual outlay of cash during the period but are not deducted on the income statement.

Name: Non-cash charges are expenses that involve an actual outlay of cash during the period but are not deducted on the income statement.
Brand: Quizplus
Rating: 5.0 (53 reviews)

Question

Quizplus · Accepted Answer

Non-cash charges include expenses that do not involve actual cash outlays, such as depreciation and amortization. These expenses are deducted on the income statement but do not involve an actual reduction in cash during the period.

Non-Cash Charges Are Expenses That Involve an Actual Outlay of Cash