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A Specialized Piece of Equipment Closely Associated with a Mine

Question 53

Multiple Choice

A specialized piece of equipment closely associated with a mine is most likely to be depreciated over a shorter than normal useful life because the


A) equipment will be fully utilized.
B) income tax laws require that a shorter life be used.
C) equipment contains certain defects.
D) mine is expected to be fully depleted in the shorter length of time.

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