Which of the following statements is false ? A For tax purposes, companies can use the MACRS depreciation method. B When you change a depreciation estimate, such as salvage value, you need to make an...

For tax purposes, companies can use the MACRS depreciation method.

When you change a depreciation estimate, such as salvage value, you need to make an adjustment to retained earnings.

If the expected future cash flow is less than the carrying amount, the asset is considered impaired.

If an impairment loss is recorded, depreciation must be recalculated since the book value changed.