uestion $40(2\mathrm{.}5$ points$)$

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Which of the following statements is CORRECT?

A$)$ Since depreciation is a cash expense, the faster an asset is depreciated, the lower the projected NPV from investing in the asset.

B$)$ Under current laws and regulations, corporations must use straight$-$line depreciation for all assets whose lives are $5$ years or longer.

C$)$ Corporations must use the same depreciation method for both stockholder reporting and tax purposes.

D$)$ Using accelerated depreciation rather than straight line normally has the effect of speeding up cash flows and thus increasing a project's forecasted NPV$.$

E$)$ Using accelerated depreciation rather than straight line normally has the effect of slowing down cash flows and thus reducing a project's forecasted NPV$.$