问题
单项选择题
Lakeside Co. recently determined that one of its processing machines has become obsolete three years early and, unexpectedly, has no salvage value. Which of the following statements is most consistent with this discovery （）
A. Historically, economic depreciation was understated.
B. Lakeside Co. will owe back taxes.
C. Historically, economic depreciation was overstated.
答案
参考答案：A
解析：
Historically, economic depreciation was understated. If an asset becomes obsolete and its usefullife is less than expected, accounting methods for depreciation will understate the economic depreciation. In addition, if there is no salvage value when positive salvage value was expected, the understatement problem is compounded.
