Beware of Schweser QBank

I found some wrong answers and explanations including this one. Use your judgement when you are wrong

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This is not wrong…

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The exam stress is setting in… EVERYBODY is a potential zombie including the schweser girl

Isn’t

FFO = NI + Depreciation + Deffered Tax Expenses - Gain + Losses

IF you are adding depreciation back, you aren’t expensing it.

Read the wording of the question carefully.