The Depreciation Method Using a Fixed Rate Applied to the Undepreciated

Multiple Choice

The depreciation method using a fixed rate applied to the undepreciated cost of the asset each year, resulting in successively smaller depreciation charges as the undepreciated cost diminishes year by year is called the

A) declining-balance method.
B) sum-of-the-years'-digit method.
C) units-of-production method.
D) straight-line method.