Depreciation and impairment are different in that:
A) only depreciation results in a decrease in net income.
B) only impairment represents the decline in the current.
C) value of the related asset.
D) only impairment result in a decrease to total assets.

Question

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The Answer of Depreciation and impairment are different in that:
A) only depreciation results in a decrease in net income.
B) only impairment represents the decline in the current.
C) value of the related asset.
D) only impairment result in a decrease to total assets.

Depreciation and Impairment Are Different in That