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QUESTION 5 What does the balance of the Accumulated Depreciation account represent? O a. The fair value of the asset that is being depreciated Ob.

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QUESTION 5 What does the balance of the Accumulated Depreciation account represent? O a. The fair value of the asset that is being depreciated Ob. The portion of the cost allocated as an expense since the asset was acquired C. The accumulation of funds needed to replace the assets at the end of their useful life O dThe decline in value of plant assets

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