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Which of the following statements is true with regard to depreciation expense? A company should use the deprecation method that best matches expense recognition with

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

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