Maxim,IncChanged Its Depreciation Method from Units-Of-Production to Straight-Line

question 239

Multiple Choice

Maxim,Inc.changed its depreciation method from units-of-production to straight-line.Maxim is:

• A)only allowed to make this change if it gets permission from the IRS.
• B)only allowed to make this change if it can show the change results in a lower net income.
• C)not allowed to change depreciation methods.
• D)only allowed to make this change if it can show the change results in a better measure of the business's income.

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