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Question

____________ method has smallest depreciation in the first year.

A
Double declining
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B
SLM
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C
Sum of digits
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D
Reducing
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Solution

The correct option is C SLM
b'SLM method has smallest depreciation in the first year. This is the simplest method of all. It involves simple allocation of an even rate of depreciation every year over the useful life of the asset.'

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