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Why is component depreciation necessary? Multiple Choice The effect of not depreciating major components is to have lower depreciation. Neither reason is valid When an

Why is component depreciation necessary?

Multiple Choice

  • The effect of not depreciating major components is to have lower depreciation.

  • Neither reason is valid

  • When an asset is viewed as a whole, it does not reflect the pattern of consumption since some parts or components will be used up faster than others.

  • Both reasons are valid

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