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The sum-of-the-years (SOY) method is used to accelerate the depreciation of an asset. The annual depreciation rate is calculated by dividing the number of years
The sum-of-the-years (SOY) method is used to accelerate the depreciation of an asset. The annual depreciation rate is calculated by dividing the number of years left in the recovery period by the sum of the years in the recovery period. Group of answer choices True False
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Accounting For Decision Making And Control
Authors: Jerold Zimmerman
7th Edition
0078136725, 9780078136726
