The Depreciation Method That Does NOT Use Residual Value in Calculating

question 41

Multiple Choice

The depreciation method that does NOT use residual value in calculating depreciation expense until the last year is the:

• A)units-of-production method.
• B)straight-line method
• C)double-declining balance method.
• D)all of the above.

---

Definitions:

Intellectual Capital

Refers to the intangible value of a business, representing the sum of its knowledge, skills, inventions, and connections.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.

Representativeness Heuristic

A cognitive shortcut in which one makes judgments about the probability of an event based on how closely it matches one's stereotypes or expectations.

Anchoring and Adjustment Heuristic

A cognitive bias where individuals rely too heavily on an initial piece of information (the "anchor") when making decisions, adjusting insufficiently from this starting point.