Which of the Following Is the Correct Formula for Calculating

question 149

Multiple Choice

Which of the following is the correct formula for calculating depreciation under the straight-line method?

• A) Straight-line depreciation = (Cost + Residual value) / Useful life
• B) Straight-line depreciation = (Cost - Residual value) / Useful life
• C) Straight-line depreciation = (Cost + Residual value) × Useful life
• D) Straight-line depreciation = (Cost - Residual value) × Useful life

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Definitions:

Thought

The mental process that involves an individual's conscious reflections, considerations, and ruminations.

Generalized State

A condition or situation that applies broadly, not limited to specific instances, often referring to widespread effects or characteristics.

Affect

A psychological term referring to the underlying experience of feeling, emotion, or mood.

Emotion

A complex state of feeling that results in physical and psychological changes and influences thought and behavior.