Which Statement Best Describes the Straight-Line Method of Deprecation

question 50

Multiple Choice

Which statement best describes the straight-line method of deprecation?

• A)Depreciation is a fixed percentage of the carrying value of the asset.
• B)Depreciation is allocated equally over each year of the asset's life.
• C)Depreciation expense is greater at the beginning of the asset's life.
• D)Both A and C.

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