Mark the following statements as true or false, then select the corresponding multiple - choice answer. Depreciable base is defined as the book value of an asset less the salvage value. Net income will be less in the early years of an asset's life if the company is using declining depreciation as compared to straight-line depreciation. Per GAAP, a company must use the same method of depreciation for all of its fixed assets. True, False, False True, True, False False, False, False False, True, False True, True, True