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Bubba IncPurchased an Asset on January 1,20A

Question 51

Multiple Choice

Bubba Inc.purchased an asset on January 1,20A.Bubba chose the straight-line method to depreciate the asset.Had Bubba chosen an accelerated depreciation method,which of the following would be false?


A) Depreciation expense would be greater in 20A.
B) The book value of the asset would be less at the end of 20A.
C) Profit would be less in 20A.
D) Depreciation expense would be the same each year.

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