Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

تمرين 70

A company wishes to report the highest earnings possible for financial reporting purposes. Therefore, when calculating depreciation,
A) It will follow the MACRS depreciation tables prescribed by the IRS.
B) It will select the shortest lives possible for its assets.
C) It will estimate higher residual values for its assets.
D) It will select the lowest residual values for its assets.