Depreciation expense: group of answer choices is a tax deductible non-cash expense is not a true expense represents a cash outflow on the cash flow statement is deducted from net income

tax deductible non-cash expense

Explanation:

Depreciation is an non-cash expense showing a decrease in the value of the fixed assets due to tear and wear, obsolescence, usage, time period, etc. It's displayed on the income statement debit side. It is a non-cash item that has no effect on the cash balance.

It is a tax-deductible expense when you are filling the return plus it would be added in the net income on the cash flow statement

answer; /// i do believe the correct answer is (possession utility);