The depreciation method most commonly used in Australia,as disclosed by a survey of the annual reports of listed companies,is:

Question

Quizplus · Accepted Answer

According to the survey of annual reports of listed companies in Australia, the most commonly used depreciation method is straight-line. This method is widely accepted as it is simple to calculate and provides a consistent depreciation expense over the asset's useful life. Additionally, this method is generally accepted by both accounting standards and tax authorities, making it a popular choice among companies.

The Depreciation Method Most Commonly Used in Australia,as Disclosed by a Survey