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The composite depreciation method: a. is applied to a group of homogenous assets b. is an accelerated method of depreciation c. does not recognized gain
The composite depreciation method:
a. is applied to a group of homogenous assets
b. is an accelerated method of depreciation
c. does not recognized gain or loss on the retirement of specific assets in the group
d. excludes salvage value from the base of the depreciation calculation.
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