Question: What is a correct statement in regard to the fixed asset acquisitions process? The depreciation methods are calculated during the procurement stage. The procurement stage

What is a correct statement in regard to the fixed asset acquisitions process?
The depreciation methods are calculated during the procurement stage.
The procurement stage involves approving asset purchases based on established approval limits.
The procurement stage involves approve fixed asset disposal forms based on established limits.
The cost accountant runs depreciation monthly within the fixed asset system and posts it to the General Ledger.
What is a correct statement in regard to the fixed asset

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