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5. A plant asset that is useful in the business operations for 9 out of 12 months can be A) Fully depreciated for the full

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5. A plant asset that is useful in the business operations for 9 out of 12 months can be A) Fully depreciated for the full 12 months B) Cannot be depreciated at all C) Can be depreciated for only 3 months D) Can be depreciated for only 9 months E) None of the above 6. A method that allocates an equnl portion of the total depreciable cost for a plant asset to each unit produced is called A) Accelerated depreciation B) Declining balance depreciation C) Straight line depreciation D) Units of production depreciation E) Modified accelerated cost recovery system (MACRS) depreciation

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