According to GAAP,which of the Following Items About Long Term-Assets

question 69

Multiple Choice

According to GAAP,which of the following items about long term-assets must be disclosed,either in the financial statements or in the related footnotes?

• A)the historical cost of the long-term assets owned
• B)the accumulated depreciation taken over the life of the long-term assets
• C)the method(s)used to depreciate long-term assets
• D)all of these

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