The Assumption Underlying the Reducing Balance Method of Depreciation Is

question 39

Multiple Choice

The assumption underlying the reducing balance method of depreciation is:

• A) the asset makes a lower contribution to income in the earlier years of its life and a higher contribution in the later years.
• B) the asset makes the same contribution to income in each year of its life.
• C) the contribution the asset makes to income depends on its usage.
• D) the asset makes a higher contribution to income in the earlier years of its life.

---

Definitions:

Mobile Task Management System

A digital platform designed for managing and organizing tasks efficiently using mobile devices, facilitating improved communication and productivity for individuals and teams.

Administrative Agency

Governmental bodies designated to carry out specific legislative purposes and tasks, possessing regulatory powers and the ability to enforce them.

Recorder

An official responsible for keeping public records or documents, especially in the context of property transactions.

Collegiate Body

An organizational structure composed of members working together towards a common objective, often found in education, governance, or professional contexts.