Solution-What depreciation is a variable expense

What depreciation is a variable expense

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Reference no: EM132993692

Problem 1: Which of the following methods are acceptable in presenting grants related to assets?

a) Reported as deferred income.

b) Deducted in arriving at the carrying amount of the asset.

c) Either a or b.

d) Neither a or b.

Problem 2: For income statement purposes, depreciation is a variable expense if the depreciation method used is?

a) Units-of-production

b) Straight-line

c) Sum-of-the-years'-digits

d) Declining-balance

Reference no: EM132993692

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What depreciation is a variable expense

Reference no: EM132993692

Reference no: EM132993692

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