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QUESTION
When comparing the units-of-output method of depreciation with straight-line depreciation:
When comparing the units-of-output method of depreciation with straight-line depreciation:
Multiple Choice
- The depreciation expense in the first year will always be greater under units-of-output method.
- The depreciation expense in the first year will always be less under the units-of-output method.
- The depreciation expense in the first year will always be the same under both the methods.
- The depreciation expense in the first year may be greater than, equal to, or less under the units-of-output method.
