The depreciation method where depreciation is apportioned based on a declining fractional amount of the asset's life is the ____ method.

Question

Quizplus · Accepted Answer

The sum of the years' digits method of depreciation involves apportioning depreciation based on a declining fractional amount of the asset's life, where the fractions are determined by the sum of the years' digits of the asset's useful life.

The Depreciation Method Where Depreciation Is Apportioned Based on a Declining