Use of a longer useful life for depreciation is an example of conservative accounting.

Name: Use of a longer useful life for depreciation is an example of conservative accounting.
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The use of a longer useful life for depreciation is an example of aggressive accounting, as it results in lower depreciation expenses and higher reported profits in the short term. Conservative accounting practices typically involve using more conservative estimates and being cautious in reporting financial information.

Use of a Longer Useful Life for Depreciation Is an Example