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1. Which of the following affects the calculation of an item's depreciation?

a. It's expected salvage value.

b. It's expected life.

c. It's original cost.

d. All of the above.

2. A warranty is an example of? a(n):

A. settled liability.

B. contingent liability.

C. estimated liability.

D. known liability.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92424709

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