A Company Which Uses the Reducing Balance System of Depreciation

A company which uses the reducing balance system of depreciation:

A) will have equal depreciation costs each year of an asset's life.
B) will expense the cost of nonresidential real estate over a period of 7 years.
C) can depreciate the cost of land, if it so desires.
D) will write off a specific percentage of the asset's residual value over the asset's life.
E) cannot expense any of the cost of a new asset during the first year of the asset's life.