The method of depletion used to allocate the cost of natural resources to future periods is most similar to the straight-line depreciation method.

Question

Quizplus · Accepted Answer

The depletion method allocates the cost of natural resources based on the quantity extracted, making it more similar to the units-of-production depreciation method rather than the straight-line method, which allocates cost evenly over time.

The Method of Depletion Used to Allocate the Cost of Natural