Which depreciation method is most commonly used among publicly owned corporations?

Question

Quizplus · Accepted Answer

Straight-line depreciation method is the most commonly used among publicly owned corporations because it is simple, straightforward, and results in a consistent reduction in the book value of an asset over its useful life. Additionally, it is more conservative compared to other methods such as double-declining balance (which shows higher depreciation expense in the earlier years of an asset's life) and units-of-output (which requires estimation of the total amount of output an asset will produce).

Which Depreciation Method Is Most Commonly Used Among Publicly Owned