Which of the Following Is an Example of a Qualitative

question 83

Multiple Choice

Which of the following is an example of a qualitative method?

• A)Delphi method
• B)moving average
• C)weighted moving average
• D)linear trend analysis

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Definitions:

Revaluation

An adjustment to the carrying value of an asset or a currency to reflect its current fair market value.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide financial reporting globally.

Double Declining-Balance Method

The double declining-balance method is an accelerated depreciation technique that doubles the normal depreciation rate, resulting in higher depreciation expenses in the early years of an asset's life.

Depreciation Expense

The allocated amount of an asset's cost over its useful life, reflecting the consumption or wear and tear of the asset.