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Which of the following statements is true regarding depreciation expense? Multiple Choice 0 Different companies in the same industry always depreciate similar assets by the

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Which of the following statements is true regarding depreciation expense? Multiple Choice 0 Different companies in the same industry always depreciate similar assets by the same methods. 0 A company using the straight-line method will show a smaller book value for assets than if the same company uses the double-declining-balance method. Choosing the double-declining balance method over the straight-line method will produce a greater total depreciation expense over the asset's life. A company should use the depreciation method that best matches expense recognition with the use of the asset

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