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Which of the following statement is incorrect? Group of answer choices Once a company decides the information to calculate deprecation for a plant asset, it

Which of the following statement is incorrect?

Group of answer choices

Once a company decides the information to calculate deprecation for a plant asset, it cannot make any changes over the life of the asset even though new information may come to light that indicates the original estimates were inaccurate.

A company can dispose of a plant asset through a sale, abandonment, or exchange.

During the PPE use, companies need to review the assets to determine whether any of the assets are impaired.

A company can depreciate different assets using different depreciation rates and different useful lives.

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