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QUESTION 6 Which of the following is not true regarding depreciation? a. depreciation expense does not measure changes in market value. b.depreciation is an allocation

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QUESTION 6 Which of the following is not true regarding depreciation? a. depreciation expense does not measure changes in market value. b.depreciation is an allocation not a valuation method. c. depreciation allocates the cost of a fixed asset over its estimated life. d. depreciation expense reflects the decrease in market value each year

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