a. Does the accounting principle of consistency require a company to use the same method of depreciation

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a. Does the accounting principle of consistency require a company to use the same method of depreciation for all of its plant assets?

b. Is it acceptable for a corporation to use different depreciation methods in its financial statements and its income tax returns?

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Financial & Managerial Accounting

ISBN: 9780073526997

15th Edition

Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello

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Question Posted: May 19, 2024 04:02 AM

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a. Does the accounting principle of consistency require a company to use the same method of depreciation

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Financial & Managerial Accounting

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