7 Which of the following is a characteristic of depreciation expense a It is a cash outflow from operations b It is a cash outflow from investing activities c It is a cash outflow from financing activities d It is a non cash outflow

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7. Which of the following is a characteristic of depreciation expense? a. It is a cash outflow from operations. b. It is a cash outflow

7. Which of the following is a characteristic of depreciation expense?

	a.	It is a cash outflow from operations.
	b.	It is a cash outflow from investing activities.
	c.	It is a cash outflow from financing activities.
	d.	It is a non cash outflow.

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