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:

Free Association

A psychoanalytic technique involving saying whatever comes into your head.

Psychotherapist

A trained professional who employs psychological methods and strategies to help individuals cope with mental health issues, emotional problems, and life challenges.

Appointment

A prearranged meeting or arrangement to see someone at a specific time and place.

Topographical Model

Sigmund Freud’s model of the mind that highlights the conflict between the pleasure principle and the reality principle.