Solved

The Depreciation Method Using a Steadily Decreasing Rate Applied to the Depreciable

Question 63

Multiple Choice

The depreciation method using a steadily decreasing rate applied to the depreciable cost of the asset, resulting in successively smaller depreciation charges over the life of the asset is called the


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions