Which of the following is considered under the straight-line method but not under double-declining-balance method?
A) The asset's book value
B) The asset's salvage value
C) The asset's expected useful life
D) The asset's initial cost

Question

Quizplus · Accepted Answer

The salvage value of an asset is explicitly considered in the straight-line method but is not explicitly considered in the double-declining-balance method.

Which of the Following Is Considered Under the Straight-Line Method