Which of the following is considered an accelerated depreciation method

Asked by admin @ 28/10/2021 in Business viewed by 274 People

An accelerated depreciation method: A) Recognizes more depreciation expense in the early years of an asset's useful life and less in the later years. B) Results in reporting higher earnings every year. C) Is required for assets that become technologically obsolete before they physically wear out. D) Depreciates an asset over a shorter life than does the straight-line method.

Answered by admin @ 28/10/2021

Answer:

The correct answer is letter "A": Recognizes more depreciation expense in the early years of an asset's useful life and less in the later years.

Explanation:

The accelerated depreciation method is an approach of calculating the use of an asset over time that allocates a higher value of the asset's aging during its first years since during that time the asset is more operative and allocates a smaller amount of the asset's use during later years when the asset is near its disposal. This method is used for accounting purposes. There are two main accelerated depreciation approaches: the Double Declining Balance (DDB) and the Sum-of-the-Year-Digits (SYD).

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2742 persons

Which of the following is considered an accelerated depreciation method

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