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In which situation should the double-declining balance method for depreciation be used? Depreciation only applies to short term assets. A long term asset is used
In which situation should the double-declining balance method for depreciation be used? Depreciation only applies to short term assets. A long term asset is used up evenly over its useful life. O A long term asset is most useful at the beginning of its useful life and relatively less useful at the end. The use of the long term asset varies strongly but has no particular trend
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