The Statement That Describes the Assumption Underlying the Straight-Line Method

question 40

Multiple Choice

The statement that describes the assumption underlying the straight-line method of depreciation is:

• A)The asset makes the same contribution to income each year
• B)The asset's contribution to income relates mainly to obsolescence
• C)The asset makes a higher contribution to income in the earlier years of its life
• D)The asset's contribution to income is variable

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Definitions:

Abnormal Behavior

Patterns of emotion, thought, or action considered pathological for cultural, societal, or situational contexts.

Hereditary Factors

Genetic traits and characteristics passed down from parents to their offspring.

Cognitive Model

A representation of the mental processes involved in thinking, understanding, learning, and remembering.

Abnormal Behavior

Patterns of action or behavior that are atypical, significantly deviate from societal norms, and may impair functionality.