Which of the Following Statement Is Applicable to the Straight-Line

question 61

Multiple Choice

Which of the following statement is applicable to the straight-line method of depreciation?

• A) The expense is variable for the useful life of the asset.
• B) The process is complex because you need to know the carrying amount, residual value and estimated useful life of the asset.
• C) A company subject to political costs is more likely to select this depreciation method.
• D) Assumes that the consumption of the asset is uniform over its expected useful life.

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Definitions:

Injunctive Norm

A social norm that prescribes how individuals are supposed to behave in a given context, reflecting what is approved or disapproved by society.

Descriptive Norm

Social norms that convey information about what is commonly done in specific situations, guiding behavior through the understanding of what is typical or normal.

Violent Human Being

An individual who exhibits behaviors involving physical force intended to hurt, damage, or kill others.

TASERs

Brand name for electronic control devices designed to incapacitate individuals through the use of electrical shocks, often used by law enforcement.