Depreciation is considered a tax shield becauseGroup of answer choices it prevents taxes from being assessed on the income of the company.
Depreciation is considered a tax shield becauseGroup of answer choices
it prevents taxes from being assessed on the income of the company.
it reduces the amount of income on which a company must pay tax.
it reduces the expenses on which a company must pay tax.
it prevents a company from having to pay income tax.
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