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Question(s) / Instruction(s):

A depreciation method in which a plant assets depreciation expense for a period is determined by applying a constant depreciation rate each period to the assets beginning book value is called:

a)            Book value depreciation

b)            Declining-balance depreciation

c)            Straight-line depreciation

d)            Modified accelerated cost recovery system (MACRS) depreciation

e)            Units-of-production depreciation

 

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