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Question 14 (0.5 points) When calculating diminishing-balance depreciation expense, the Carrying Amount is used in determining the amount that the diminishing-balance rate is applied to.

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Question 14 (0.5 points) When calculating diminishing-balance depreciation expense, the Carrying Amount is used in determining the amount that the diminishing-balance rate is applied to. True False Question 15 (0.5 points) Financial Accounting provides financial comparisons of operating alternatives, projections of income from new sales campaigns, analyses of sales costs, and forecasts of cash needs for external users. True False

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