What is the most common method of depreciation for natural resource companies?

Question

Quizplus · Accepted Answer

Units-of-production method is the most common method of depreciation for natural resource companies because it considers the output of the resource as the basis for depreciation, which is more relevant than time or usage. This method matches the cost of the asset with the revenue generated by it, providing a more accurate representation of the asset's value.

What Is the Most Common Method of Depreciation for Natural