Skylar Is Studying for Her Midterm Exam in Her Accounting

question 51

Multiple Choice

Skylar is studying for her midterm exam in her accounting class. Her study partner Lisa is her go-to person for help with calculating depreciation.
-Which of the following functions does Lisa say is used to calculate a depreciation if it is variable?

• A)DB
• B)SLN
• C)SYD
• D)VDB

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Definitions:

Accrued Interest

Interest that has been incurred but not yet paid or received at the end of the accounting period.

Maturity Date

The specified date on which the principal amount of a loan, bond, or other financial instrument is due to be paid in full.

Selling Price

The amount of money for which a product or service is sold to the customer.

Dividends Received

Income received from owning shares in a company, typically distributed from the company's profits.