Which of the following is NOT a time-based depreciation method? Select one: a. any diminishing balance method b. double-declining balance c. units of production d. straight-line
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Which of the following is NOT a time-based
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- Which of the following depreciation methods will result in the most depreciation expense over the life of an asset? Select one: a. Double-declining balance method b. All three methods will result in the same amount of depreciation expense. c. Units-of-production method d. Straight-line method e. Cannot be determined from the information given.Which of the following depreciation methods most closely approximates the method used to deplete the cost of natural resource? a. Straight-line method b. Double-declining-balance method c. Either the cost model or the revaluation model d. The recoverable amount modelWhich of the following methods applies a declining depreciation rate each period to an asset's constant value? a.Double-declining-balance methodb.Straight-line methodc.Sum-of-the-years'-digits methodd.Units-of-production method
- Which method is used to compute depletion? a. Double-declining-balance method b. Straight-line method c. Depletion method d. Units-of-production methodThe depreciation method that does not initially use the residual value in depreciation calculations is thea. straight-line method.b. units-of-production method.c. double-declining balance method.d. direct method.The depreciation method that applies a constant percentage to depreciable cost in calculating depreciation is Select one: a. none of these. b. straight-line. c. declining-balance. d. units-of-activity.
- Which depreciation method ignores residual value when computing the depreciable base of an asset? a. sum-of-the-year's-digits b. double-declining-balance c. composite depreciation d. group depreciationWhich depreciation method would result in the same depreciation expense amount regardless of the partial period cor Select one: a. Sum-of-the-years'-digits b. Declining-balance c. Units-of-production d. Straight-lineFirst cost Book depreciation life MACRS property class Salvage value n 1 2 3 4 5 6 7 8 A $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $0 B $22,857 $16,327 $11,661 $5,154 SO SO SO SO $80,000 7 years 7 years $24,000 C $11,429 $19,592 $13,994 $9,996 $7,140 $7,140 $7,140 $3,570 D $22,857 $16,327 $11,661 $8,330 $6,942 $6,942 $6,942 SO
- What is the difference: straight line method declining balance unit of activity method for depreciationExplain what complications might arise in trying to compare the results of straight-line depreciation and double-declining balance methodThe methods for depreciating assets are 1) straight-line depreciation; 2) declining balance depreciation (specifically double declining balance); and 3) units-of-production or units-of-activity or activity based depreciation. Is it possible that I can recieve help with descibing each method and comparing the different depreciation methods and its effect on net operating income?
