Which of the following is true of depreciation expense calculated using the straight-line method?
A) Depreciation expense increases over the useful life of an asset.
B) Depreciation expense varies with the units produced over the useful life of an asset.
C) Depreciation expense remains constant over the useful life of an asset.
D) Depreciation expense first decreases and then increases over the useful life of an asset.

Question

Which of the following is true of depreciation expense calculated using the straight-line method?​
A) ​Depreciation expense increases over the useful life of an asset.
B) Depreciation expense varies with the units produced over the useful life of an asset.
C) Depreciation expense remains constant over the useful life of an asset.​
D) Depreciation expense first decreases and then increases over the useful life of an asset.

Quizplus · Accepted Answer

Depreciation expense using the straight-line method remains constant over the useful life of an asset. This means that the same amount of depreciation expense is recognized each period until the asset is fully depreciated.

Which of the Following Is True of Depreciation Expense Calculated