The depreciation method that does not use residual value in calculating the first year's depreciation expense is
A)straight-line
B)units-of-output
C)double-declining-balance
D)none of the above

Question

Quizplus · Accepted Answer

The double-declining-balance method does not use residual value in calculating the first year's depreciation expense; it applies a constant rate to the book value.

The Depreciation Method That Does Not Use Residual Value in Calculating