Regardless of the depreciation method used,a company will experience the same total tax savings over the life of the asset.

Name: Regardless of the depreciation method used,a company will experience the same total tax savings over the life of the asset.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

The total tax savings over the life of an asset will be the same regardless of the depreciation method because the total depreciation expense is the same; only the timing of the deductions differs.

Regardless of the Depreciation Method Used,a Company Will Experience the Same