Question Completion Status: QUESTION 25 2 points Which of the following is true of depreciation expense? a. It is the value left over after the asset has been used b. It is a monetary representation of how old an asset is O c. It is the total depreciation accumulated over the life of the asset O d. It is the total amount of an asset's value that has been used up over a specified period of time QUESTION 26 2 points Save As One of the differences between earnings management and fraud is that: a. Earnings managements is always ethical and fraud is never ethical Ob. None of the items listed are differences between earnings management and fraud oc Earnings management always involves an overstatement of revenue and fraud includes overstatement of both revenues and expenses Earnings management is within the constraints of generally accepted accounting principles Od (GAAP) and fraud is not QUESTION 27 2 points Save