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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

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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 (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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