AGL Limited is evaluating the construction of a gas pipeline to bring natural gas from Western New South Wales to Sydney.The controller argues that depreciation has to be included among the expenses.The Treasurer argues that depreciation is irrelevant because it does not affect cash flow.Who is correct?

Question

Quizplus · Accepted Answer

The Answer of AGL Limited is evaluating the construction of a gas pipeline to bring natural gas from Western New South Wales to Sydney.The controller argues that depreciation has to be included among the expenses.The Treasurer argues that depreciation is irrelevant because it does not affect cash flow.Who is correct?

AGL Limited Is Evaluating the Construction of a Gas Pipeline