Which depreciation method is most commonly used among publicly owned corporations?
A)Straight-line
B)Double-declining balance
C)Units-of-output
D)All of the various depreciation methods are used equally.

Question

Quizplus · Accepted Answer

Straight-line depreciation is the most commonly used method among publicly owned corporations because it is simple and results in a constant amount of depreciation each year. This allows for easy forecasting and financial reporting.

Which Depreciation Method Is Most Commonly Used Among Publicly Owned