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Which of these statements about depreciation is TRUE? a. depreciation is the calculation of how much cash is expensed on an annual basis b. Depreciation

Which of these statements about depreciation is TRUE?

a. depreciation is the calculation of how much cash is expensed on an annual basis

b. Depreciation allows us to understands what the value of an assets is during it's life

c. Depreciation is the allocation of an assets cost over useful life.

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