One Difference Between the Double-Declining-Balance Method and the Straight-Line Method

question 136

Multiple Choice

One difference between the double-declining-balance method and the straight-line method is that the double-declining-balance method:

• A)takes book value below residual value.
• B)does not consider the useful life of the asset in the calculation of depreciation.
• C)cannot be used for tax purposes.
• D)uses book value instead of depreciable cost in the calculation of depreciation.

---

Definitions:

Economic Inequality

The disparity in the distribution of wealth and income among individuals in a society.

Industrial Relations

The study and practice of managing relationships within the workplace between employers, employees, and their representatives.

Political Transition

The process of changing from one political condition or system to another, often involving shifts in power or governance.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, by investments determined by private decision, and by prices, production, and the distribution of goods determined mainly by competition in a free market.