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A Depreciable Asset Has an Estimated 15 Percent Salvage Value

Question 22

Multiple Choice

A depreciable asset has an estimated 15 percent salvage value.At the end of its estimated useful life,the accumulated depreciation would equal the original cost of the asset under which of the following depreciation methods? Productive- Sum-of-the- Double-
Output Years'-Digits Declining-Balance


A) Yes No No
B) No No No
C) No Yes No
D) Yes Yes Yes

Correct Answer:

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