When depreciating assets using the allocation of costs method which of the following methods is best?
A)Straight-line
B)Unit-of-production
C)Reducing-balance
D)It is not possible to say which is the best method from the information given in the question

Question

Quizplus · Accepted Answer

The best method for depreciating assets depends on the specific circumstances of the asset and the preferences of the entity managing it. Each method (straight-line, unit-of-production, reducing-balance) has its own advantages and is suitable for different types of assets and business models.

When Depreciating Assets Using the Allocation of Costs Method Which