Which of the following statements is true with regard to depreciation expense?
A. A company should use the depreciation method that best matches expense recognition with the use of the asset.
B. Different companies in the same industry always depreciate similar assets by the same methods.
C. Choosing double-declining-balance over straight-line will produce a greater total depreciation expense over the asset's life.
D. A company using straight-line will show a smaller book value for assets than if the same company uses double-declining-balance.
Answer: A
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