Using the Double-Declining Balance Method, Depreciation for 2014 and Book

question 100

Multiple Choice

Using the double-declining balance method, depreciation for 2014 and book value at December 31, 2014, would be:

• A)$10,000 and $5,000.
• B)$10,000 and $10,000.
• C)$11,250 and $6,250.
• D)$11,250 and $11,250.

---

Definitions:

Inferential Statistics

The branch of statistics that allows one to make predictions or inferences about a population based on a sample of data taken from that population.

Normal Distribution

A statistical distribution where data is symmetrically distributed around the mean, forming a bell-shaped curve.

Random Sampling

Sampling in which every member of a population has an equal chance to be selected and in which selection is determined by “luck of the draw” rather than a decision by the researcher.

Degrees

Units of measurement for angles in a circle or for temperature; in the context of education, it refers to academic qualifications.