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Which Statement Below Is TRUE of the Straight-Line Method of Depreciation

Question 120

Multiple Choice

Which statement below is TRUE of the straight-line method of depreciation?


A) It is a method that will provide higher amounts of depreciation expense in the early years of an asset's life and smaller amounts in the later years.
B) It is a method that results in unequal amounts of depreciation expense each year.
C) It is a method that is based upon the actual amounts of an asset used up each year,such as the number of miles a truck is driven.
D) It is a method that results in equal amounts of depreciation expense each year.

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