Question: Question 16 (1 point) The statement of changes in shareholders' equity is a required statement under both IFRS and ASPE. is an optional statement under

Question 16 (1 point) The statement of changes in shareholders' equity

Question 16 (1 point) The statement of changes in shareholders' equity is a required statement under both IFRS and ASPE. is an optional statement under both IFRS and ASPE. is a required statement under ASPE. is a required statement under IFRS. Question 17 (1 point) Which of the following does NOT apply to the declining-balance method? The book value should not be reduced below residual value. In certain circumstances, the book value may be reduced below residual value. It results in a decreasing charge to depreciation expense. Residual value is not deducted in calculating the depreciation base

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