When an asset has a defined life,and it is expected that it will be used uniformly,which depreciation policy is likely to be used?

Question

Quizplus · Accepted Answer

Straight-line rate is the most appropriate depreciation method for assets with a defined life that are expected to be used uniformly. This method allocates the cost of the asset uniformly over the expected useful life of the asset. The sum-of-digits and declining-balance methods are more appropriate for assets whose usefulness declines rapidly over time.

When an Asset Has a Defined Life,and It Is Expected