Depreciation is dependent on a number of estimates. When a change in an estimate is required, the change is made:

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Social Studies

Allyson

8 April, 15:23

Depreciation is dependent on a number of estimates. When a change in an estimate is required, the change is made:

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Bartlett · Answer 1

That statement is true

The method in which companies determine the depreciation value of their assets is different from one another

Some companies may use a straight line method of depreciation and another may count the depreciation according to asset's production value.