Which Method of Depreciation Will Result in the Greatest Depreciation

question 148

Multiple Choice

Which method of depreciation will result in the greatest depreciation charge in the last year of the asset's life?

• A)125% declining balance
• B)straight-line
• C)150% declining balance
• D)sum-of-the-years' digits
• E)double declining balance

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Definitions:

Project

A planned set of interrelated tasks to be executed over a fixed period and within certain costs and other limitations.

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments and abilities is greater than their objective accuracy.

Algorithms

Step-by-step procedures or formulas for solving a problem or accomplishing a specific task, often used in computing and mathematics.

Confirmation Bias

The tendency to search for, interpret, and remember information in a way that confirms one's preconceptions, leading to statistical errors.