Exam Question
All of the following are true of capital cost allowance except
- 1) it is a non-cash expense
- 2) it is not tax-deductible
- 3) it provides tax shield benefits
- 4) it should not be disregarded in capital budgeting decisions
View Answer
Answer 2) it is not tax-deductible
Practice set and Exam Quiz
Yes! You can do Online MCQ practice of Financial Management question set and give online exam quiz test for Financial Management, so you can check your knowledge. You can get MCQ Study and Exam link from home page.