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.

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Definitions:

Resist Change

The reluctance or refusal to accept new ideas, behaviors, or practices, often due to discomfort or fear of the unknown.

Supporters

Individuals or groups that provide backing, assistance, or endorsement to a cause, person, or organization.

Change

The process or act of becoming different in form, nature, or quality, often implying improvement or evolution.

Organizational Change

Refers to the process by which organizations transform their structures, strategies, processes, cultures, or overall performance to adapt to internal or external pressures, enhancing their effectiveness and ensuring survival or growth.