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When analyzing an income statement, which of the following statements is true? Multiple Choice Depreciation is a non cash item on the income statement. Generally
When analyzing an income statement, which of the following statements is true? Multiple Choice Depreciation is a non cash item on the income statement. Generally accepted accounting principles GAAP require that income is reported when it is earned, even though no cash flow may have occured. Companies try ot make costs variable with sales as much as possible All of the Above
When analyzing an income statement, which of the following statements is true?
Multiple Choice
Depreciation is a non cash item on the income statement.
Generally accepted accounting principles GAAP require that income is reported when it is earned, even though no cash flow may have occured.
Companies try ot make costs variable with sales as much as possible
All of the Above
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