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

Question

Quizplus · Accepted Answer

The double-declining-balance method does not use the 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