Which depreciation method is most frequently used in businesses today?
A) straight-line
B) diminishing-balance
C) units-of-production
D) revaluation

Name: Which depreciation method is most frequently used in businesses today? A) straight-line B) diminishing-balance C) units-of-production D) revaluation
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Question

Quizplus · Accepted Answer

The straight-line method is the most commonly used depreciation method because it is simple to apply and provides a consistent expense amount over the useful life of an asset.

Which Depreciation Method Is Most Frequently Used in Businesses Today