You can decrease average annual depreciation on a car by reducing the holding period.

Name: You can decrease average annual depreciation on a car by reducing the holding period.
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Question

Quizplus · Accepted Answer

The holding period refers to the length of time you keep a car before selling or trading it in. Depreciation is a function of time and usage, so reducing the holding period may actually increase the rate of depreciation. Therefore, decreasing the holding period does not decrease average annual depreciation on a car.

You Can Decrease Average Annual Depreciation on a Car by Reducing