Which one of the following statement about diminishing balance method is NOT true? Depreciation expense is same every year Depreciation expense is different every year It is an accelerated...

Extracted text: Which one of the following statement about diminishing balance method is NOT true? Depreciation expense is same every year Depreciation expense is different every year It is an accelerated depreciation method Depreciation expense is large in early years and less or small in later years If the straight line depreciation rate is 40% and starting book value is OMR 80,000 then what will be the double declinin balance rate? M 直 0 TOSHIBA