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1.The declining-balance method is an accelerated method of depreciation. Briefly explain what is meant by an accelerated method of depreciation and justify the choosing

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1.The declining-balance method is an accelerated method of depreciation. Briefly explain what is meant by an accelerated method of depreciation and justify the choosing of an accelerated method. 2. Identify the factors that are considered in classifying an expenditure as a capital or a revenue expenditure. 3. What are the similarities and differences between the terms depreciation, depletion, and amortization?

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