Which of the following depreciation methods allocates a fixed amount of depreciation to kilometres driven,hours used or some other measure of the asset's utilisation?

Question

Quizplus · Accepted Answer

The units-of-production method allocates a fixed amount of depreciation to the asset's usage or output, making it appropriate for assets whose usefulness depends on how much they are used. For example, vehicles and machinery.

Which of the Following Depreciation Methods Allocates a Fixed Amount