Solved

Which Statement Is False

Question 79

Multiple Choice

Which statement is false?


A) Shortening the estimated useful lives of depreciable assets will lead to a higher fixed asset turnover.
B) Using an accelerated depreciation method instead of the straight-line depreciation method will lead to reporting a higher fixed asset turnover during the earlier years of an asset's life.
C) Acquiring more long-lived,productive assets when a company is growing will lead to a lower fixed asset turnover.
D) Selling off long-lived,productive assets while maintaining sales will lead to a lower fixed asset turnover.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions