Accounting MCQ A #depreciation #tax #shield is A. An #after -tax #cash outflow. B. A reduction in #income #taxes . C. The cash provided by recording #depreciation . D. The #expense caused by #depreciation . For more #MCQs visit http://www.accountingmcqs.com Prepare yourself for exams. Answer the MCQs of #Property #Plant and #Equipment , #Responsibility #Accounting and #Performance #Measures , #Standard #Costs and #Variance #Analysis , #Financial #Statement s, #Cost #Management , #Deferred #Tax , #Internal #Auditing and #Systems #Controls , #Dividend #Polic y and many more. Detailed answers are also there