Which of the Following Is NOT True Regarding Depletion

question 88

Multiple Choice

Which of the following is NOT true regarding depletion?

• A)Depletion is the systematic reduction of a natural resource's carrying value on the books.
• B)Depletion is computed in a similar manner to straight-line depreciation.
• C)Depletion is an expense that applies to the natural resources in the same way depreciation applies to fixed assets.
• D)Depletion is an expense that applies to natural resources in the same way amortization applies to intangible assets.

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