Question
Depreciation expense on a specific asset could be a fixed dollar amount or a variable dollar amount.
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Answers
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GPT-4o mini
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Depreciation expense can be calculated using various methods, which can result in either a fixed dollar amount (as with straight-line depreciation) or a variable dollar amount (as with declining balance or units of production methods).
Depreciation expense can be calculated using various methods, which can result in either a fixed dollar amount (as with straight-line depreciation) or a variable dollar amount (as with declining balance or units of production methods).