Case-Based Critical Thinking Questions
Case 9-2
Mackenzie is studying for her midterm exam in her accounting class.Her study partner Libby is her go-to person for help with calculating depreciation.
-Which of the following functions does Libby say is used to calculate a sum-of-years' digit depreciation?
A) DB
B) SLN
C) SYD
D) DDB

Question

Quizplus · Accepted Answer

Libby says that sum-of-years' digit (SYD) function is used to calculate depreciation. Therefore, the correct choice is C. The other options, DB, SLN, and DDB, are different methods of calculating depreciation, but not the sum-of-years' digit method.