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With Respect to Depreciation Policies,the Principle of Consistency Means

Question 44

Multiple Choice

With respect to depreciation policies,the principle of consistency means:


A) A company should disclose on the financial statements the depreciation method for all its capital assets.
B) A company should use the same depreciation method from year to year for a given capital asset.
C) A company should use the same depreciation methods as other companies in the same industry.
D) A company should use the same depreciation method in computing depreciation expense on all its assets.

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