For the most part i expect that the non-cash charges on the exam will most likely be in the form of depreciation ro amoritization but does anyone know what other terminiology they could include on a exam question that would be used for non-cash charges.
Thanks!
Use common sense. If an expense doesn’t require cash, then it’s a non-cash charge.
Depreciation and amortization are the obvious recurring ones, others may include impairments for example. It’s unlikelly you will be tested on non-cash charges other than D&A, if you would, they would make it obvious that it’s non cash in nature.