Answer the following:

The decreasing charge or accelerated method yields low depreciation expense during the early years of the asset's life and high depreciation expense during latter years. True False Question 23 1pts The cost of natural resources includes acquisition costs, exploration and evaluation costs, research costs, and restoration costs. True False Question 24 1 pts Goodwill is an intangible asset that can arise when a buyer acquires an existing business. It amounts to the excess of the purchase consideration over the total value of the assets minus liabilities of the business acquired. True False