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Which of the following is a characteristic of the straight-line method of depreciation?

Practice Questions

1 question
Q1
Which of the following is a characteristic of the straight-line method of depreciation?
  1. Higher expense in early years
  2. Equal expense each year
  3. Variable expense based on usage
  4. Accelerated expense in later years

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is a characteristic of the straight-line method of depreciation?
Solution: The straight-line method of depreciation allocates an equal amount of expense each year over the useful life of the asset.
Steps: 0

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