Companies with the same asset may report different amounts of depreciation in a given year for all of the following reasons,except:
A)They use different residual values.
B)They use different estimated useful lives.
C)They use different depreciation methods.
D)They are in different industries.

Question

Quizplus · Accepted Answer

Depreciation calculations do not differ by industry.

Companies with the Same Asset May Report Different Amounts of Depreciation