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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

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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