answer with explanation, thanks Which of the following statements is untrue regarding depreciation? Select...
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Accounting
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Which of the following statements is untrue regarding depreciation? Select one: a. Depreciation is a process of cost allocation, not asset valuation. b. The book value of a plant asset should approximate its market value. c. Depreciation provides for the proper matching of expenses with revenues. d. Book value of a plant asset is needed to estimate the depreciation expense
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