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Which of the following statements is FALSE? Depreciation is not a cash expense paid by the firm. Depreciation expenses have a positive impact on free

  1. Which of the following statements is FALSE?
  2. Depreciation is not a cash expense paid by the firm.
  3. Depreciation expenses have a positive impact on free cash flow.
  4. Depreciation expenses have a negative impact on free cash flow.
  5. Firms often report a different depreciation expense for accounting and for tax purposes.

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