The Straight Line and the Modified Accelerated Cost Recovery System (MACRS) are examples of
A) accounting schemes.
B) depreciation methods.
C) investment strategies.
D) dance steps.

Question

Quizplus · Accepted Answer

The question is asking for examples of depreciation methods, and the Straight Line and MACRS are both widely used methods of calculating depreciation for assets. Therefore, the best choice is B. Choices A, C, and D are not relevant to the question.