Step 1: Recall the definition of causality.
A causal system produces its output using only the current input and previous input values.
Step 2: Identify the correct statement.
A causal system never depends on future input values.
Therefore,
\[
\boxed{\text{Depends only on present and past inputs}}
\]
is the correct answer.
Hence,
\[
\boxed{(B)}
\]
is the correct answer.
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