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33. The declining-balance method of depreciation produces an) a decreasing depreciation expense each period. b. increasing depreciation expense euch period. c. declining percentage rate each
33. The declining-balance method of depreciation produces an) a decreasing depreciation expense each period. b. increasing depreciation expense euch period. c. declining percentage rate each period. d. constant amount of depreciation expense each period. 34. Which of the following methods will result in the highest depreciation in the first year? a. Sum-of-year's-digits. b. Time valuation. c. Straight-line. d. Declining-balance. 35. Again or loss on disposal of a plant asset is determined by comparing the a replacement cost of the asset with the asset's original cost. b. book value of the asset with the asset's original cost. e original cost of the asset with the proceeds received from its sale. d. book value of the asset with the proceeds received from its sale. 36. The book value of a plant assot is the difference between the a. replacement cost of the asset and its historical cost. b. cost of the asset and the amount of depreciation expense for the year. c. cost of the asset and the accumulated depreciation to date. d. proceeds received from the sale of the asset and its original cost
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