A key reason that there are various acceptable depreciation methods is
A)different assets have different expected usage patterns.
B)some methods are too complicated to calculate.
C)to make it easier to calculate corporate income taxes.
D)to account for assets with indefinite lives.

Question

Quizplus · Accepted Answer

Different assets have different expected usage patterns and may require different methods of depreciation to accurately reflect their decrease in value over time.

A Key Reason That There Are Various Acceptable Depreciation Methods