Question: 9 When using the double declining balance method, the depreciation rate is multiplied by the (a) Purchase cost of the asset (b) Fair value of

9 When using the double declining balance method, the depreciation rate is multiplied by the

(a) Purchase cost of the asset

(b) Fair value of the asset at beginning of the period

(c) Depreciable amount

(d) Net book value at beginning of each year

(e) None of these

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