The most commonly used method of calculating depletion is called:
A)units-of-activity.
B)sum-of-the-years'-digits.
C)double-declining-balance.
D)straight-line.

Question

Quizplus · Accepted Answer

The most commonly used method for calculating depletion is the units-of-activity method, which calculates depletion based on the actual physical use of natural resources, such as the number of tons of coal mined or the number of barrels of oil pumped. This method is more appropriate for industries where the depletion rate depends on the amount of resource extracted from the ground, rather than the passage of time.

The Most Commonly Used Method of Calculating Depletion Is Called