Examlex

Solved

Which Method Is Called When an Item in a List

question 44

Multiple Choice

Which method is called when an item in a list is selected?


Definitions:

Straight-Line Method

A depreciation method that allocates the cost of an asset evenly over its useful life.

Depreciation

Distributing the cost of a physical asset methodically over its period of utility.

Residual Value

The estimated amount that an asset will be worth at the end of its useful life.

Double-Declining-Balance Method

A method of accelerated depreciation which doubles the straight-line depreciation rate and applies it to the asset's remaining book value each year.

Related Questions