All of the following are true about Depreciation, except:

Question $4$ Answer

a$.$

all fixed assets are depreciated over the period of time they benefit the firm.

b$.$

is a way of allocating the cost of long$-$lived assets.

c$.$

spread over the asset$$s expected life.

d$.$

all of the above are true about Depreciation.

e$.$

B and C are not true.