Germany allows firms to choose the depreciation method(s)of
A)straight-line method only.
B)declining-balance method only.
C)straight-line method and declining-balance method.
D)Germany allows a very different system.

Question

Quizplus · Accepted Answer

Germany allows firms to choose between the straight-line method and the declining-balance method, giving them flexibility in selecting the most appropriate method based on their business needs and objectives. This choice also allows firms to better match their depreciation expense with the actual use of their assets.

Germany Allows Firms to Choose the Depreciation Method(s)of