Using the Double-Declining Balance Method,depreciation Expense for 2013 Would Be

question 140

Multiple Choice

Using the double-declining balance method,depreciation expense for 2013 would be:

• A)$22,000.
• B)$13,200.
• C)$14,400.
• D)$24,000.Depreciation rate = 2/5 = .40.

---

Definitions:

Fixed Budget

A predetermined limitation on spending, beyond which expenses cannot exceed for a specific period.

Single Estimate

An approach in project management or forecasting where a single value is used as the most likely outcome without accounting for uncertainty.

Comprehensive

Refers to an all-inclusive, thorough consideration or coverage of a specific topic or area.

Management Function

Fundamental activities such as planning, organizing, leading, and controlling that are performed by managers to achieve organizational goals.