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Which of the following values is NOT true about the salvage value of PPE? It...

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Accounting

Which of the following values is NOT true about the salvage value of PPE?

It is not used in the calculation of depreciation.

It is the book value of the asset when it is fully depreciated.

It is estimated by management at the time of purchase.

It is the estimated value of an asset at the end of its useful life.

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