Which of the following is a noncash expense?
A)Depreciation
B)Operating costs
C)Income taxes
D)Cost of goods sold

Name: Which of the following is a noncash expense? A)Depreciation B)Operating costs C)Income taxes D)Cost of goods sold
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Depreciation is a noncash expense because it represents the allocation of the cost of a tangible asset over its useful life, without requiring an actual cash outlay during the period it is recorded.

Which of the Following Is a Noncash Expense