Depreciation of an Asset Based on the Number of Hours

question 12

Multiple Choice

Depreciation of an asset based on the number of hours of usage is a(n)

• A)time-based method
• B)accelerated method
• C)replacement method
• D)activity-based method

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Definitions:

Produce

To create or manufacture goods or products, often on a large scale.

Centralized

A system or organizational structure where decision-making and control are concentrated in a single point or at a high level.

Decentralized

Pertains to the distribution of functions, powers, people, or things away from a central location or authority.

Management Structure

The organizational framework that outlines the hierarchy of authority and responsibility within a company.