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  3. Study Set
    Fundamental Accounting Principles
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    Exam 1: Property, plant and Equipment Intangibles
  5. Question
    Depreciation Amounts Can Be Revised Because of Changes in the Estimates
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Depreciation Amounts Can Be Revised Because of Changes in the Estimates

Question 138

Question 138

True/False

Depreciation amounts can be revised because of changes in the estimates for residual value,useful life or because of subsequent revenue expenditures.

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