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When calculating depreciation under GAAP there are assumptions related to estimates with respect to useful life and residual value. How may ethics play a role
When calculating depreciation under GAAP there are assumptions related to estimates with respect to useful life and residual value. How may ethics play a role in estimating these values?
Sometimes a business needs to decide between capitalizing /Depreciation a cost versus expensing it in the period. What are some of the ethical concerns that could impact this decision and why?
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