Which of the Following Accounting Methods Is Generally Used to Compute

question 173

Multiple Choice

Which of the following accounting methods is generally used to compute amortization expense?

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

---

Definitions:

Payoff Matrix

A table that shows the potential outcomes and payoffs resulting from different decisions or strategies in game theory.

Dominant Strategy

In game theory, a strategy that is the best choice for a player, regardless of the strategies chosen by other players.

Simultaneous Strategy

A tactic in game theory where players make their moves or decisions at the same time without knowledge of the others' choices, influencing outcomes in competitive situations.

Positive-Sum Strategy

A situation in economic, political, or trade relations where all parties benefit, as opposed to a zero-sum game where the gain of one party is exactly balanced by the loss of another.