The _______ function returns the sum-of-years' digit depreciation that results in a more accelerated depreciation than straight-line depreciation but less than declining balance depreciation.
A)DB
B)SLN
C)SYD
D)VDB

Question

Quizplus · Accepted Answer

The sum-of-years' digits (SYD) method of depreciation results in a more accelerated depreciation than straight-line depreciation but less than declining balance depreciation. The SYD function calculates the depreciation expense for each period of an asset's life based on the sum-of-the-years' digits method. Therefore, option C is the best answer out of the given options.

The _______ Function Returns the Sum-Of-Years' Digit Depreciation That Results