Regardless of the depreciation method, the amount that will be depreciated during the life of the asset will be the same.

Name: Regardless of the depreciation method, the amount that will be depreciated during the life of the asset will be the same.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The total amount of depreciation to be charged over the life of an asset will remain the same, regardless of the method used to calculate it. However, the annual depreciation amount may differ depending on the method used.

Regardless of the Depreciation Method, the Amount That Will Be