Find the Annual Amount of Depreciation Using the Straight-Line Method

question 18

Multiple Choice

Find the annual amount of depreciation using the straight-line method. Round to the nearest dollar.
-Cost: $460
Estimated life: 8 years
Estimated scrap value: $92

• A)$12
• B)$92
• C)$58
• D)$46

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Definitions:

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses through gradual exposure to the feared object or situation.

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through conditioning and learning strategies.

Reinforcers

Any events or objects that, when following a response, increase the likelihood of that response occurring again.

Systematic Desensitization

A therapeutic technique used to reduce anxiety by gradually exposing the person to the feared object or situation.