The most widely used depreciation method is
A)straight-line
B)other
C)units-of-output
D)double-declining-balance

Name: The most widely used depreciation method is A)straight-line B)other C)units-of-output D)double-declining-balance
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Straight-line is the most widely used depreciation method because it is the simplest and easiest to understand. It also results in a steady and predictable reduction in the value of the asset over time, making it easy to plan for future asset replacements or upgrades.

The Most Widely Used Depreciation Method Is