#1
Which depreciation method evenly distributes the cost of an asset over its useful life?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#2
Which depreciation method emphasizes higher deductions in the earlier years of an asset's life?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#3
Which depreciation method is primarily based on the passage of time rather than usage or output?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#4
Which depreciation method allocates an equal amount of depreciation expense to each period of the asset's useful life?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#5
Which depreciation method assumes that assets lose their value evenly over time?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#6
Which depreciation method takes into account both the useful life and the salvage value of an asset?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#7
Which depreciation method is often preferred for assets that experience heavier use in the earlier years of their lives?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#8
Which depreciation method allocates a varying amount of depreciation expense each period based on the asset's usage?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#9
Which depreciation method calculates depreciation by multiplying the declining book value of the asset by a constant percentage?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#10
Which depreciation method takes into account the total production or usage of the asset rather than just its age or condition?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#11
Which depreciation method tends to result in higher deductions in the earlier years and lower deductions in the later years of an asset's life?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#12
Which depreciation method allocates a decreasing amount of depreciation expense each period?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#13
Which depreciation method may result in different depreciation expenses for financial reporting and tax purposes?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#14
Which depreciation method is best suited for assets whose value declines more rapidly in the early years of its useful life?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation
#15
Which depreciation method results in a constant rate of depreciation each year?
Straight-line depreciation
Double-declining balance depreciation
Units of production depreciation
Sum-of-the-years'-digits depreciation