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Which of the following statements is false? Select one: a. Depreciation is an account used to save money for a new asset b. Depreciation reflects
Which of the following statements is false? Select one: a. Depreciation is an account used to save money for a new asset b. Depreciation reflects the decrease in the value of an asset due to wear and tear or the passage of time c. Accumulated depreciation is the build up of depreciation expense over time d. Depreciation expense does not necessarily reflect the true change in the market value of an asset
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