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 declining balance depreciation?
A)DB
B)SLN
C)SYD
D)DDB

Question

Quizplus · Accepted Answer

The DB function is used to calculate declining balance depreciation, which is a method that accelerates depreciation by applying a constant rate to the declining book value of the asset.

Skylar Is Studying for Her Midterm Exam in Her Accounting