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Once the estimated depreciation for an asset is calculated a . it cannot be changed due to the historical cost principle b . it may
Once the estimated depreciation for an asset is calculated a it cannot be changed due to the historical cost principle b it may be revised based on new information c any changes are accumulated and recognized when the asset is sold d the estimate itself cnanot be changed, however, new information should be disclosed in financial statement footnotes e it may be revised based on new information and any changes are accumulated and recognized when the asset is sold
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