NEED HELP ASAP 18 Management should select the depreciation method that has been

Question

NEED HELP ASAP 18

Management should select the depreciation method that

has been used most often in the past by the company.

best measures the plant asset's market value over its useful life.

is easiest to apply.

best measures the plant asset's contribution to revenue over its useful life.

has been used most often in the past by the company.

best measures the plant asset's market value over its useful life.

is easiest to apply.

best measures the plant asset's contribution to revenue over its useful life.

Explanation / Answer

4) best measure the plant assets contribution to revenue over its useful life.

According to matching principle we should match expenses with its revenue hence generally double declining method is said to meet this principle though straight line is widely used because of its simplicity

4) best measure the plant assets contribution to revenue over its useful life.

According to matching principle we should match expenses with its revenue hence generally double declining method is said to meet this principle though straight line is widely used because of its simplicity

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