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Depreciation affects profit in which of the following ways? Select one: a. Increases profit, because it is an acquisition of a non-current asset. b. Profit
Depreciation affects profit in which of the following ways? Select one: a. Increases profit, because it is an acquisition of a non-current asset. b. Profit decreases, because depreciation is an expense item. c. Profit increases, because depreciation is an expense item. d. Decreases profit, because it decreases a non-current asset.
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