Question 3 3 pts 1. A usage method of is useful when the use of an...
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Question 3 3 pts 1. A usage method of is useful when the use of an asset varies from period to period and when wear and tear is the major cause of depreciation. A -based method, such as -line depreciation, assumes that each period receives services of equal value from the use of the asset; time-based methods ignore asset usage. The preferable method is a matter of judgement. Question 3 3 pts 1. A usage method of is useful when the use of an asset varies from period to period and when wear and tear is the major cause of depreciation. A -based method, such as -line depreciation, assumes that each period receives services of equal value from the use of the asset; time-based methods ignore asset usage. The preferable method is a matter of judgement.
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Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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