The term "erosion refers to a O A. decrease in the sales of current project caused by the launching of new project O B. lack of use O C. decrease in the sunk cost caused by launching of new project D. decrease in overhead expenses incurred due to launch of new project Which of the following statement is TRUE? O A. Depreciation expense is a cash outflow recognized on the income statement O B. Depreciation expense is a method to expense the costs of fixed asset over time O C. Assets are capitalized on the balance sheet if the benefit to the firm is expected to be less than one year D. The book value of fixed assets is equal to the cost of acquiring such assets