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A 5-Year Depreciation Period Usually Means That _____

Question 84

Multiple Choice

A 5-year depreciation period usually means that _____.


A) the company expects to use the asset for 5 years
B) the company will depreciate the asset over 5 years for tax purposes
C) the original cost of the asset will be recouped in 5 years
D) all of these answers are correct

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