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In which situation would you NOT use the Nearest Whole Month rule when calculating depreciation? When using Units of Production depreciation. When a vehicle is

In which situation would you NOT use the Nearest Whole Month rule when calculating depreciation?

  1. When using Units of Production depreciation.

  2. When a vehicle is purchased on January 30th of the year.

  3. When an asset is Depreciated using a Double Declining Rate

  4. When an asset is purchased to replace an older one being used for the same purpose.

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