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In which of the following situations is the units-of-production method of depreciation most appropriate? An assets service potential declines with use. An assets service potential
In which of the following situations is the units-of-production method of depreciation most appropriate?
- An assets service potential declines with use.
- An assets service potential declines with the passage of time.
- An asset is subject to rapid obsolescence.
- An asset incurs increasing repairs and maintenance with use.
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