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

question 9

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 a function of time.
• E) E: None of the given answers.

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Definitions:

Early Childhood

A period in human development from birth to the beginning of formal schooling, generally considered up to the age of 8 years.

Activity Level

Activity level generally refers to the overall energy expenditure and physical movement of an individual, often categorized in terms of frequency, intensity, and duration of activities.

Individual Differences

Variations among individuals in their psychological traits, behaviors, and physiological characteristics.

Children

Individuals who are younger than the age of puberty or not yet of legal adult age.