Multiple Choice
Fly High Airlines acquires a new aircraft. It has an estimated life of 10 years and should be used for 20,000 hours of flight. What is the most appropriate method of depreciation to properly match revenues and expenses?
A) Double-declining-balance method
B) Revenue expenditure method
C) Straight-line method
D) Units-of-activity method
Correct Answer:
Verified
Correct Answer:
Verified
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