Multiple Choice
Which of the following statements about straight-line depreciation is not true?
A) Straight-line depreciation results in an equal amount of depreciation each period.
B) Straight-line depreciation is an application of the matching principle.
C) Straight-line depreciation results in the cost of the asset being expensed in the first year.
D) Straight-line depreciation requires estimates to be made by managers.
Correct Answer:

Verified
Correct Answer:
Verified
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