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Which of the following statements is CORRECT? a. Corporations must use the same depreciation method for both stockholder reporting and tax purposes. b. Under current

Which of the following statements is CORRECT? a. Corporations must use the same depreciation method for both stockholder reporting and tax purposes. b. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 5 years or longer. c. Using bonus depreciation rather than straight line normally has the effect of delaying the receipt of depreciation cash flows and thus reducing a projects forecasted NPV. d. Using bonus depreciation rather than st

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