Case-Based Critical Thinking Questions
Case 9-2
Mackenzie is studying for her midterm exam in her accounting class.Her study partner Libby is her go-to person for help with calculating depreciation.
-Which of the following functions does Libby 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 method) is the function used to calculate depreciation if it is variable. DB (double declining balance), SLN (straight-line), and SYD (sum-of-years digits) are all fixed depreciation methods.