A Company Purchased a Computer on July 1,2019 for $50,000

question 25

Multiple Choice

A company purchased a computer on July 1,2019 for $50,000.The estimated useful life of the computer was five years,and it has no residual value.Which of the following methods should be used to best match its expense against the revenue it produces?

• A) the units-of-production method
• B) the straight-line method
• C) the double-declining-balance method
• D) the first-in, first-out method

---

Definitions:

New Products

Refers to the latest goods or services introduced to the market by companies aiming to meet consumer needs or offer innovative solutions.

Wastes

Materials that are not wanted and have been discarded.

Neurotoxin

Toxic substances that specifically damage nervous system cells, potentially leading to disruptions in normal function or death.

Inhalation

The act of breathing in air or other substances, which can include gases, dusts, and vapors, into the lungs.