Skylar is studying for her midterm exam in her accounting class. Her study partner Lisa is her go-to person for help with calculating depreciation.
-Which of the following functions does Lisa say is used to calculate a straight-line depreciation?
A)DB
B)SLN
C)SYD
D)DDB

Question

Quizplus · Accepted Answer

The SLN (Straight-Line Depreciation) function is used to calculate a fixed amount of depreciation each period over the useful life of an asset. The other options (DB, SYD, and DDB) are all different methods of calculating depreciation but not specifically for straight-line depreciation.

Skylar Is Studying for Her Midterm Exam in Her Accounting