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

question 246

Multiple Choice

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

• A)reduces 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.

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Definitions:

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A powerful stimulant drug derived from the leaves of the coca plant, which can cause intense short-term euphoria and potentially dangerous physical effects.

Problems Associated

Issues or challenges that are linked or related to a particular situation, condition, or concept.

Psychological Effects

The impact or changes in an individual's mental state that result from experiences, thoughts, emotions, and various stimuli.

Physical Effects

The tangible or bodily impacts on a person or object resulting from a cause or event.