Which Depreciation Method Is Most Commonly Used Among Publicly Owned

question 97

Multiple Choice

Which depreciation method is most commonly used among publicly owned corporations?

• A)Straight-line
• B)Double-declining balance
• C)Units-of-output
• D)All of the various depreciation methods are used equally.

---

Definitions:

Pound

The pound is a unit of currency used in the United Kingdom and other territories, symbolized as £.

Dollar

A widely used unit of currency, notably in the United States, representing the medium of exchange within its economy.

Dollar Price

The cost of a good or service expressed in terms of the amount of U.S. dollars needed to purchase it.

Depreciates

The process by which an asset loses value over time, often due to wear and tear or passage of time.