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Which of the Following Does NOT Apply to the Declining-Balance

Question 3

Multiple Choice

Which of the following does NOT apply to the declining-balance method?


A) It results in a decreasing charge to depreciation expense.
B) Residual value is not deducted in calculating the depreciation base.
C) The book value should not be reduced below residual value.
D) In certain circumstances, the book value may be reduced below residual value.

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