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Which statement concerning the diminishing-balance method

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Reference no: EM132983245

Problem 1: Which statement concerning the diminishing-balance method of depreciation is true?

Select one:

a. It is an appropriate method when proportionately more of the asset's benefits are consumed in the early years of its life.

b. It is also known as the units-of-production method.

c. It charges the same amount of depreciation each period.

d. It applies a declining percentage factor to the asset's original cost.

Reference no: EM132983245

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