The Initials at the Beginning of a Comment Indicate ____

question 3

Multiple Choice

The initials at the beginning of a comment indicate ____.

• A) the type of comment
• B) the number of the comment
• C) the author of the comment
• D) the date of the comment

---

Definitions:

Double-Declining-Balance

A method that determines a depreciation amount for the first year that is approximately twice the straight-line rate.

Scrap Value

The predicted revenue from selling an asset at the conclusion of its serviceable life.

Units-Of-Production Method

A depreciation method that allocates cost based on the actual usage, activity, or units of production of the asset.

Scrap Value

The estimated resale value of an asset at the end of its useful life, often considered in depreciation calculations.