Skylar is studying for her midterm exam in her accounting class. Her study partner Lisa is her go-to person for help with calculating depreciation.
-Which of the following functions does Lisa say is used to calculate a depreciation if it is variable?
A)DB
B)SLN
C)SYD
D)VDB

Question

Quizplus · Accepted Answer

VDB (variable declining balance) is used to calculate depreciation if it is variable. DB (double declining balance) is a form of accelerated depreciation, SLN (straight-line) is used for calculating depreciation at a constant rate, and SYD (sum-of-years-digits) is another form of accelerated depreciation but allocates more of the asset's costs to the earlier years of its useful life.

Skylar Is Studying for Her Midterm Exam in Her Accounting