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GFOA Exam CPFO Topic 12 Question 5 Discussion

Actual exam question for GFOA's Certified Public Finance Officer exam
Question #: 5
Topic #: 12
[All Certified Public Finance Officer Questions]

An ISF has the following capital equipment in service for the stated time. Based upon the information below, using the straight-line method, what should be charged for depreciation at year-end?

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Suggested Answer: B

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