You have determined that a company uses straight line depreciation. However, the depreciation expense is different than you expected it to be. What could be the reason for this difference?
A)different residual values
B)same residual values
C)same useful lives
D)cannot be determined

Question

Quizplus · Accepted Answer

The difference in depreciation expense could be due to different residual values assigned to the assets.

You Have Determined That a Company Uses Straight Line Depreciation