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Depreciation | |
A. | costs (on annual basis) are constant when the straight line method is used for its determination. [Wrong Answer] |
B. | is the unavoidable loss in the value of the plant, equipment and materials with lapse in time. [Wrong Answer] |
C. | does figure in the calculation of income tax liability on cash flows from an investment. [Wrong Answer] |
D. | all (a), (b) and (c). [Correct Answer] |