Why could depreciation expense be considered a discretionary item? (a) Management must estimate the useful life of

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Why could depreciation expense be considered a discretionary item?

(a) Management must estimate the useful life of the asset.

(b) A salvage value must be estimated.

(c) Management must select a method of depreciation.

(d) All of the above.

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Understanding Financial Statements

ISBN: 9780131878563

8th Edition

Authors: Lyn M Fraser, Aileen Ormiston

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Question Posted: Oct 04, 2024 10:00 AM

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Why could depreciation expense be considered a discretionary item? (a) Management must estimate the useful life of

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Understanding Financial Statements

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