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Flying High Air Acquires a New Aircraft

Question 89

Multiple Choice

Flying High Air acquires a new aircraft. It has an estimated life of 10 years and should last for at least 20,000 hours of flight. What is the most appropriate method of depreciation to properly match revenues and expenses?


A) double-declining-balance
B) revenue expenditure method
C) straight-line
D) units-of-production

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