Average asset age is not affected by the use of different depreciation methods.

Name: Average asset age is not affected by the use of different depreciation methods.
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Question

Quizplus · Accepted Answer

Different depreciation methods (straight-line, declining balance, sum-of-the-years'-digits, etc.) allocate the cost of an asset over its useful life in various ways, affecting the calculation of average asset age by changing the annual depreciation expense and thus the net book value of assets over time.

Average Asset Age Is Not Affected by the Use of Different