Which of the following depreciation methods applies a uniform depreciation rate each period to an asset's book value?
A) Straight-line
B) Units-of-production
C) Declining-balance
D) Sum-of-the-years'-digits

Question

Quizplus · Accepted Answer

The declining-balance method applies a constant depreciation rate to the asset's reducing book value each period, resulting in decreasing depreciation expenses over time.

Which of the Following Depreciation Methods Applies a Uniform Depreciation