A Depreciation Method in Which an Item of Property, Plant

Multiple Choice

A depreciation method in which an item of property, plant and equipment's depreciation expense for a period is determined by applying a constant depreciation rate to the asset's beginning-of-period carrying amount is called:

A) Carrying amount depreciation.
B) Declining-balance depreciation.
C) Straight-line depreciation.
D) Units-of-production depreciation.
E) Equivalent depreciation.