In the Last Year of Useful Life,the Salvage Value Was

question 60

Multiple Choice

In the last year of useful life,the salvage value was ignored using double-declining-balance depreciation.This error would cause:

• A)the period's depreciation expense to be overstated.
• B)the period's depreciation expense to be understated.
• C)the period end assets to be overstated.
• D)None of these are correct.

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