The Straight-Line Depreciation Method and the Double-Declining-Balance Depreciation Method

question 157

Multiple Choice

The straight-line depreciation method and the double-declining-balance depreciation method:

• A)Produce the same total depreciation over an asset's useful life.
• B)Produce the same depreciation expense each year.
• C)Produce the same book value each year.
• D)Are acceptable for tax purposes only.
• E)Are the only acceptable methods of depreciation for financial reporting.

---

Definitions:

Behaviour Probability

The likelihood that a specific action or response will occur, often influenced by past reinforcement or punishment.

Event

An occurrence or happening, especially one of significance.

Positive Reinforcer

A stimulus that, when introduced following a behavior, increases the likelihood of that behavior occurring again in the future.

Mowing the Lawn

Mowing the lawn involves cutting the grass in a garden, yard, or park to a uniform length using a lawnmower.