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    Accounting Principles
  4. Exam
    Exam 10: Plant Assets, Natural Resources, and Intangible Assets
  5. Question
    To Determine a New Depreciation Amount After a Change in Estimate
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To Determine a New Depreciation Amount After a Change in Estimate

Question 193

Question 193

True/False

To determine a new depreciation amount after a change in estimate of a plant asset's useful life the asset's remaining depreciable cost is divided by its remaining useful life.

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