When a Company Uses Straight-Line Depreciation and the Half-Year Convention,assets

Multiple Choice

When a company uses straight-line depreciation and the half-year convention,assets with a five-year life:

A) Will have the same depreciation expense in the first and last years.
B) Will be depreciated over six accounting years.
C) Will have a book value that exceeds its salvage value at the end of its economic life.
D) All of these statements are correct.