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

Question

Quizplus · Accepted Answer

The double-declining-balance method does consider the asset's book value, initial cost, and expected useful life. However, it does not consider the asset's residual value, as this method assumes that the asset will have no residual value at the end of its useful life.

Which of the Following Is Not Considered Under the Double-Declining-Balance