Determination of the useful life of an asset and choice of a depreciation method will affect all of the following except:
A) The amount of income earned for any given period.
B) The investment base for purposes of calculating ROI.
C) Amount of depreciation expense for any given period.
D) Net book value (NBV) of an asset as of any point in time.
E) The opportunity cost of lost sales on alternative projects.
Correct Answer:
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