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Which of the following is true about partial year depreciation? It is easier to compute than annual depreciation. It is less accurate when matching depreciation
Which of the following is true about partial year depreciation?
It is easier to compute than annual depreciation. | ||
It is less accurate when matching depreciation to asset use. | ||
It is not necessary for the Double Declining Balance Method of depreciation. | ||
It is FASB's preference for assets not purchased at the beginning of the year. |
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