Depreciation expense is a measure of an asset's decrease in value due to wear and tear. A) B) True False The cash inflows generated from a long-term asset will be received over several future periods. A) B) True False Assets are listed in the order of their liquidity on the classified Statement of Financial Position A) B) True False The primary purpose of financial accounting information is to aid users in their economic decision-making relative to the organization. A) B) True False Collusion is where two or more employees work together to commit the theft and conceal it. True A) B) False