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Which statement is true? A. A company must apply the same depreciation method for book and tax purposes. B. A company must apply different depreciation

Which statement is true?

A. A company must apply the same depreciation method for book and tax purposes.

B. A company must apply different depreciation methods for book and tax purposes.

C. A company may use different depreciation methods for book and tax purposes but there are certain restrictions.

D. A company must seek approval from relevant tax authorities for the depreciation method it applies.

E. none of the above

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