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    Exam 9: Long-Lived Tangible and Intangible Assets
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    A Machine Had an Estimated Useful Life of 5 Years,but
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A Machine Had an Estimated Useful Life of 5 Years,but

Question 257

Question 257

Multiple Choice

A machine had an estimated useful life of 5 years,but after 3 years,it was decided that the original estimate of useful life should have been 10 years.At that point,the remaining cost to be depreciated should be allocated over the remaining:


A) 2 years.
B) 5 years.
C) 7 years.
D) 10 years.

Correct Answer:

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