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Which the assumption underlying reducing balance method is

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Reference no: EM132983265

Problem 1: The assumption underlying the reducing balance method of depreciation is:

Select one:

a. the asset makes a higher contribution to income in the earlier years of its life.

b. the asset makes the same contribution to income in each year of its life.

c. the asset makes a lower contribution to income in the earlier years of its life and a higher contribution in the later years.

d. the contribution the asset makes to income depends on its usage.

Reference no: EM132983265

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