The straight-line method of depreciation assigns a fixed amount of depreciation to each unit of output produced by an asset.

Name: The straight-line method of depreciation assigns a fixed amount of depreciation to each unit of output produced by an asset.
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Quizplus · Accepted Answer

The statement is not accurate. The straight-line method of depreciation assigns a fixed amount of depreciation to each year of an asset's useful life, not to each unit of output produced.

The Straight-Line Method of Depreciation Assigns a Fixed Amount of Depreciation