Asked by
marwa ammar
on Nov 14, 2024
Verified
Which of the following methods of computing depreciation is production based?
A) Straight-line
B) Declining-balance
C) Units-of-activity
D) None of these answer choices are correct.
Units-Of-Activity
A depreciation method where the expense is based on the actual usage or activity of the asset rather than the passage of time.
Production Based
A method or approach that focuses on enhancing the efficiency and output of the manufacturing process, often measured against set production targets.
Straight-Line
A method of allocating the cost of an asset evenly over its useful life for the purposes of depreciation or amortization.
- Derive depreciation expenses by applying varied methodologies including straight-line, double-declining balance, and units-of-activity.
- Pinpoint the variances among several depreciation processes and their correct implementations.
Verified Answer
AH
Learning Objectives
- Derive depreciation expenses by applying varied methodologies including straight-line, double-declining balance, and units-of-activity.
- Pinpoint the variances among several depreciation processes and their correct implementations.