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For a particular project, Straight Line depreciation will generally result in slower depreciation recovery than would be the case if Double Declining Balance depreciation were used.

For a particular project, Straight Line depreciation will generally result in slower depreciation recovery than would be the case if Double Declining Balance depreciation were used.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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For a particular project, Straight Line depreciation will generally result in slower depreciation recovery than would be the case if Double Declining Balance depreciation were used.
Transcribed Image Text:For a particular project, Straight Line depreciation will generally result in slower depreciation recovery than would be the case if Double Declining Balance depreciation were used.
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