Which of the following statements is not true?

a.

There is sometimes a material difference in the lives used for depreciation between firms.

b.

The depreciation methods that recognize a large amount of depreciation in the later years of an asset's life are conservative.

c.

The straight-line depreciation method recognizes depreciation in equal amounts over each year of the life of the asset.

d.

There are many depreciation methods.

e.

The depreciation method and the period of time selected to depreciate an asset can have a significant influence on income.