Depreciation is a means of adjusting an assets cost to its fair value. False, Depreciation is a means of cost allocation not valuation. Which of the following is not true of depreciation accounting? *****Depreciation lowers the book value of the asset as it ages and its fair value declines. Depreciation matches expenses against .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 .Answer to Which of the following is not true regarding depreciation? depreciation is an allocation not a valuation method. depreci .Answer to Which of the following is not true regarding depreciation? Question 12 options Depreciation expense reflects the decreas .
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