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Question 1 (1 point) Over the life of an asset subject to depreciation, the double declining balance method will result in more Depreciation Expense in

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Question 1 (1 point) Over the life of an asset subject to depreciation, the double declining balance method will result in more Depreciation Expense in total than the total Depreciation Expense using the straight-line method. True False Question 2 (1 point) If insurance is incurred transporting the asset to its final position, this insurance will be added to the cost of the asset. True False

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