Which of the following is a realistic assumption of the straight-line method of depreciation?
A) The asset's economic usefulness is the same each year.
B) The repair and maintenance expense is essentially the same each period.
C) The rate of return analysis is enhanced using the straight-line method.
D) Depreciation is a function of time rather than a function of usage.
Correct Answer:
Verified
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A) provides funds.
B) funds replacements.
C) retains
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A) results in
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A) is a
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