Final answer:
U.S. GAAP allows companies to use different depreciation methods for different assets as long as they are applied consistently. The answer to the student's question is true.
Step-by-step explanation:
The answer to the question is true. U.S. Generally Accepted Accounting Principles (GAAP) permit companies to use different depreciation methods for different specific assets or asset groups, as long as each method is applied consistently to that asset or asset group. This is in line with the matching principle, which aims to match expenses with revenues in the period in which they are incurred and earned. For example, a company might use straight-line depreciation for office furniture but choose an accelerated method, like double-declining balance, for manufacturing equipment due to different patterns of asset use and benefits over time.