Which of the following is not an acceptable method of depreciation? A)straight-line B)increasing-balance C)diminishing-balance D)units-of-production

Name: Which of the following is not an acceptable method of depreciation? A)straight-line B)increasing-balance C)diminishing-balance D)units-of-production
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Question

Quizplus · Accepted Answer

Increasing-balance is not a recognized method of depreciation. The correct term for a method that accelerates depreciation is "declining-balance" or "diminishing-balance," not "increasing-balance."

Which of the Following Is not an Acceptable Method of Depreciation