Which of the following is not true regarding depreciation?, Ask an Expert

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Which of the following is not true regarding Depreciation?

a. Depreciation expense does not measure changes in market value.

b. Depreciation expense reflects the decrease in market value each year.

c. Depreciation allocates the cost of a fixed asset over its estimated life.

d. Depreciation is an allocation not a valuation method.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9446514

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