Which of the following statements is not true? In three-tier client server architecture, one tier is for user presentations, one is for database and applications, and the third is for Internet access. Client computers are responsible for presenting data to the user and passing user input back to the server. In a typical two-tier client server system, the server handles both application and database duties. The database and application functions are separate in the three-tier model. Depreciation * results in book value approximating fair market value allocates the cost of the asset over its useful life is calculated by the department that uses the fixed asset O is recorded weekly