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27 September, 11:05

One difference between straight-line and double-declining-balance depreciation methods is that:

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  1. 27 September, 13:02
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    If the options are:

    A) Straight-line method will fully depreciate the asset more quickly.

    B) Double-declining-balance method will fully depreciate the asset more quickly.

    C) Income taxes paid will be lower under the double-declining-balance method.

    D) Losses on disposal will be lower under the straight-line method.

    E) None of the above

    Answer: E.
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