The Else Portion of an If

question 34

True/False

The Else portion of an If...Then...Else construct is always executed.

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Definitions:

Useful Life

The estimated duration an asset is expected to be economically viable or productive.

Composite Depreciation Method

A method used to depreciate a group of assets that have different lives and uses as one single asset, applying a uniform depreciation rate.

Accumulated Depreciation

The total depreciation that has been recorded for an asset over its useful life.