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For the composite method, an average (composite) depreciation rate is determined by dividing the depreciation per year by the total cost of the assets.
For the composite method, an average (composite) depreciation rate is determined by dividing the depreciation per year by the total cost of the assets. True False
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
15th Edition
978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960
