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(IV) (V) Indicate the consequences on financial reporting if accountant failed top record depreciation ( consider both quantitative & qualitative factors. Provide the rationales underlined

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(IV) (V) Indicate the consequences on financial reporting if accountant failed top record depreciation ( consider both quantitative & qualitative factors. Provide the rationales underlined SLM & Accelerated depreciation methods. Briefly explained the differences between accounting depreciation and economic deprecation. Which depreciation method (SLM or SYD) enhanced reported Nl in the early years of the asset's useful life. (VI)

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