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1. The most common depreciation methods include all of the following except a. Straight-line b. Declining balance c. Double straight-line d. Units-of-production b X 1.

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1. The most common depreciation methods include all of the following except a. Straight-line b. Declining balance c. Double straight-line d. Units-of-production b X 1. Revenue expenditures a. only relate to future periods. b. do not occur frequently. c. involve relatively small dollar amounts. d. are estimates. 2. Major overhauls, additions, and improvements to fixed assets are called a. ordinary repairs. b. maintenance costs. c. fixed costs. d. capital expenditures. d

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