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9. Which of the following statements regarding depreciation is true? a. An asset must be depreciated from the date of its purchase to the date
9. Which of the following statements regarding depreciation is true? a. An asset must be depreciated from the date of its purchase to the date of sale. b. The annual depreciation charge shall be constant over the life of the asset. c. The total cost of an asset must eventually be depreciated. d. lfthe carrying amount of an asset is less than the residual value, depreciation is not charged
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