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Which of the following statements is true with regard to depreciation expense? Multiple Choice Although their opinions may differ, managers should choose the allocation method
Which of the following statements is true with regard to depreciation expense? Multiple Choice Although their opinions may differ, managers should choose the allocation method (straight-line, accelerated, or units-of- production) that best matches expenses with revenues. A company using straight-line will show a smaller book value for assets than if the same company uses double-declining- balance. Choosing double-declining-balance over straight-line will produce a greater total depreciation expense over the asset's life. O Different companies in the same Industry always depreciate similar assets by the same methods. O
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