Microsoft
MB7-701 · Question #41
A fixed asset with a book value of $1000 is depreciated to an expected salvage value of $100 in 48 time periods. The depreciation amount must be the same each period. Which depreciation method…
The correct answer is C. Straight-Line. See the full explanation below for the reasoning.
Question
A fixed asset with a book value of $1000 is depreciated to an expected salvage value of $100 in 48 time periods. The depreciation amount must be the same each period. Which depreciation method should you assign to the depreciation book?
Options
- ADB2/SL
- BDeclining-Balance 1
- CStraight-Line
- DHalf-Year Convention
How the community answered
(21 responses)- A5% (1)
- B5% (1)
- C81% (17)
- D10% (2)
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