The Units-Of-Production Method Provides the Closest Matching of a Long-Lived

Multiple Choice

The units-of-production method provides the closest matching of a long-lived asset's depreciation expense to the revenues generated by using that asset when the:

A) amount of production is the highest in the early years of an asset's life and lower in later years.
B) long-lived asset is used by a merchandising operation.
C) amount of production remains fairly constant from one period to the next.
D) amount of asset production varies significantly from one period to the next.