Which of the following is NOT true about salvage values in regards to deprecation methods. O...

 

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Which of the following is NOT true about salvage values in regards to deprecation methods. O When using the declining balance method if the implied salvage value is less than the estimated salvage value no more depreciation is calculated for the asset. O In all methods the estimated and the implied salvage value should be equal at the end of the ife of the asset. O When using the MARCS method the salvage value is assumed to be zero, Which of the following is NOT true about salvage values in regards to deprecation methods. O When using the declining balance method if the implied salvage value is less than the estimated salvage value no more depreciation is calculated for the asset. O In all methods the estimated and the implied salvage value should be equal at the end of the ife of the asset. O When using the MARCS method the salvage value is assumed to be zero,

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Answer When using the declining balance method if the imp... View the full answer