Which of the following is always a non-cash expense?
A) Income taxes
B) Salaries
C) Depreciation
D) None of the above

Name: Which of the following is always a non-cash expense? A) Income taxes B) Salaries C) Depreciation D) None of the above
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Question

Quizplus · Accepted Answer

Depreciation is always a non-cash expense because it represents the decrease in value of assets over time due to wear and tear, but no outflow of actual cash occurs. Income taxes and salaries, on the other hand, can be cash expenses depending on the circumstances.

Which of the Following Is Always a Non-Cash Expense