A method that charges the same amount of expense over each period of the asset's useful life is called:
A)Accelerated depreciation.
B)Declining-balance depreciation.
C)Straight-line depreciation.
D)Units-of-production depreciation.
E)Modified accelerated cost recovery system (MACRS) depreciation.

Question

Quizplus · Accepted Answer

Straight-line depreciation charges the same amount of expense over each period of the asset's useful life.

A Method That Charges the Same Amount of Expense Over