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Criterion-referenced tests are used primarily to assess
Capitalized Trucks
The value of trucks owned by a company that is treated as an asset on the balance sheet and depreciated over time.
Sum-Of-The-Years'-Digits Method
A method of accelerated depreciation calculating annual depreciation expense based on the sum of the years' digits of an asset's useful life.
Double-Declining-Balance Method
An accelerated depreciation method that expenses more of an asset’s cost closer to the beginning of its usable life.
Depreciable Asset Accounting
The accounting process that involves allocating the cost of a tangible asset over its useful life.
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