Which of the following depreciation methods best fits those assets that tend to wear out before they become obsolete?

Name: Which of the following depreciation methods best fits those assets that tend to wear out before they become obsolete?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The units-of-production method best fits assets that wear out before they become obsolete because it allocates depreciation based on the actual usage or production levels of the asset, directly linking the depreciation expense to the wear and tear of the asset.

Which of the Following Depreciation Methods Best Fits Those Assets