Many Companies That Use the Declining-Balance Method of Depreciation Switch

question 44

Multiple Choice

Many companies that use the declining-balance method of depreciation switch to the straight-line method at what point in the life of a depreciable asset?

• A)never, as one method must be applied consistently throughout the life of an asset
• B)in the last quarter of the life of the asset
• C)when the accelerated depreciation exceeds the straight-line depreciation
• D)midpoint in the life of the asset

---

Definitions:

Performance Appraisals

The process of evaluating an employee's job performance and productivity in relation to established criteria and organizational objectives.

Labour Market

The labour market is the arena in which employers seek employees to hire and where individuals offer their skills and labor in exchange for wages.

Employee Career

The progression and development of an individual’s work life and professional achievements over time, often involving various roles and responsibilities.

Performance Management System

A systematic approach to improving organizational performance by developing the performance of individuals and teams.