Useful life is expressed in terms of use expected from the asset under the

Name: Useful life is expressed in terms of use expected from the asset under the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The units-of-activity method expresses useful life in terms of the expected use of the asset, making it the most suitable choice for this question. The declining-balance and straight-line methods do not directly relate to the use or activity of the asset, and therefore are not the best choices for expressing useful life in terms of use.

Useful Life Is Expressed in Terms of Use Expected from the Asset