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Question #89218

Chemical Engineering

In declining balance method of depreciation calculation, the _____________________?

Options:

A) Value of the asset decreases linearly with time

B) Annual cost of depreciation is same every year

C) Annual depreciation is the fixed percentage of the property value at the beginning of the

D) particular year

E) None of these

Answer: In declining balance method of depreciation calculation, the Value of the asset decreases linearly with time.

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