Which of following statements regarding depreciation is

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Which of the following statements about depreciation is correct?

a. The depreciation method selected has no impact on net income.

b. The straight-line depreciation method produces higher depreciation expense in the early years of an asset's life.

c. Consistency requires that a company use the same depreciation method for all of its assets.

d. The depreciation method selected has no impact on cash flows.

Reference no: EM13387885

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