Depreciation is an example of cost incurred by a business in the past. Such non-cash expenses should not be considered for decision making from the perspective of finance, even if they would reduce the reported profits. O True O False Assuming normal distribution, what would be the proportion of observations falling within one standard deviation of the mean? 1.O 25% 2.O 32% 3.O 50% 4. O 68% 5.O 75%