Which of the Following Statements Is Not True

question 147

Multiple Choice

Which of the following statements is not true?

• A)CCA will be the same whether a company uses the straight-line, diminishing-balance, or units-of-production method.
• B)Cash flow will be affected by the use of different depreciation methods.
• C)Over the life of the asset, total depreciation expense will be the same whether a company uses the straight-line, diminishing-balance, or units-of-production method.
• D)The diminishing-balance depreciation method will result in lower profit compared to the straight-line depreciation method in the early years.