Question
1. What is an accelerated depreciation method? a. A method that leads to depreciation during years one and two only b. A method that is
1. What is an accelerated depreciation method?
a. A method that leads to depreciation during years one and two only
b. A method that is calculated more easily than other methods
c.. A method that leads to more depreciation over the life of the asset that would otherwise be recorded
d. A method that leads to more depreciation during the early years of an asset's useful life than in the later years.
2. Which of these is NOT an estimate used to determine depreciation expenses?
a. Cost
b. Salvage value
c. Useful Life
d. Residual value
3. Why should you NOT include blank rows in the data that will be converted to a table?
a. Excel does not automatically include areas after blanks in a table
b. Blank rows result in additional header rows within a table
c. Blank rows result in multiple total rows within a table
d. Blank rows prevent tables from being created
4. What argument in the double-declining balance depreciation function may equal to Zero?
a. Cost
b. Salvage value
c. Useful life
d. Period
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