Under group and composite depreciation methods, gains and losses on the disposal of individual assets need not be computed.

Name: Under group and composite depreciation methods, gains and losses on the disposal of individual assets need not be computed.
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Under group and composite depreciation methods, assets are not tracked individually, so gains and losses on the disposal of individual assets are not computed; instead, the focus is on the depreciation of the entire group or composite as a whole.

Under Group and Composite Depreciation Methods, Gains and Losses on the Disposal