True or False: Units of Production is an accelerated depreciation method.
|
True or False: Units of Production is an accelerated depreciation method. |
Homework Answers
Answer- FALSE- Units of Production is an accelerated depreciation method.
Explanation-Declining balance is a accelerated depreciation method.
Add Answer to:
True or False: Units of Production is an accelerated
depreciation method.
Indicate whether the following are TRUE or FALSE. A company had net sales of $545,000...
Indicate whether the following are TRUE or FALSE. A company had net sales of $545,000 and cost of goods sold of $345,000. Its gross margin equals $890,000. An accelerated depreciation method creates a larger depreciation charge as the asset comes closer to the end of its useful life. Units of Production is an accelerated depreciation method. _____ The term “depletion” as applied to intangible assets follows the matching principle.
MC Qu. 99 The depreciation method that allocates... The depreciation method that allocates an equal portion...
MC Qu. 99 The depreciation method that allocates... The depreciation method that allocates an equal portion of the total depreciable cost for a plant asset to each unit produced is called: Multiple Choice o Accelerated depreciation o Declining balance depreciation o Straight line depreciation o Units-of-production depreciation o Modified accelerated cost recovery system (MACRS) depreciation
Signify TRUE or FALSE as applicable for each of the following items as they pertain to...
Signify TRUE or FALSE as applicable for each of the following items as they pertain to depreciation. [T/F] a. Accelerated deprecation is better suited for situations where assets become worn based on usage rather than passable of time. b. Accelerated depreciation means that the asset is depreciated in fewer periods than other depreciation methods. c. Units of production is better suited for situations where usage varies from period to period. d. Accelerated depreciation ignores salvage value and allows a business...
At Q Company, the annual depreciation expenses for the production equipment are computed under an accelerated...
At Q Company, the annual depreciation expenses for the production equipment are computed under an accelerated depreciation method, resulting in annually changing depreciation amounts. With respect to the production volume, the depreciation amount total level is a: _______ cost [Select one: Fixed or Variable]. Then, explain your ground concisely below.
Which of the following is correct about the comparison of straight-line and accelerated depreciation method? a....
Which of the following is correct about the comparison of straight-line and accelerated depreciation method? a. Straight-line depreciation method accelerates expense recognition in early years of an asset's life. b. Aggressive managers tend to use straight-line depreciation method in early years of an asset's life. c. Accelerated depreciation method accelerates revenue recognition in early years of an asset's life. d. Accelerated depreciation method increases current earnings in early years of an asset's life. e. Both C and D.
The primary advantage of accelerated depreciation over straight-line depreciation is that, while the total amount of...
The primary advantage of accelerated depreciation over straight-line depreciation is that, while the total amount of depreciation and thus tax savings is unchanged, charges are taken sooner. This means that the firm gets the benefits of the tax savings sooner, which increases their present value. Select one: a. True b. False When considering two mutually exclusive projects, the firm should always select that project whose internal rate of return is the highest provided the projects have the same initial cost....
An accelerated depreciation method creates a larger depreciation charge as the asset comes closer to the...
An accelerated depreciation method creates a larger depreciation charge as the asset comes closer to the end of its useful life. T or F
True or False: All else equal, the use of the modified accelerated cost recovery system (MACRS)...
True or False: All else equal, the use of the modified accelerated cost recovery system (MACRS) versus straight-line depreciation increases the net present value of a capital budget analysis.
Week 6: Straight Line Method and Accelerated Depreciation Respond to the question below: Explain the difference...
Week 6: Straight Line Method and Accelerated Depreciation Respond to the question below: Explain the difference between the straight-line method of depreciation and accelerated depreciation. When might each be used? How is the sum of the years digits method derived?
True or False Straight-line is the most widely used depreciation method in financial statements, and MACRS...
True or False Straight-line is the most widely used depreciation method in financial statements, and MACRS is the most widely used method in federal income tax returns.
MC Qu. 99 The depreciation method that allocates... The depreciation method that allocates an equal portion of the total depreciable cost for a plant asset to each unit produced is called: Multiple Choice o Accelerated depreciation o Declining balance depreciation o Straight line depreciation o Units-of-production depreciation o Modified accelerated cost recovery system (MACRS) depreciation
Most questions answered within 3 hours.
-
Do you think companies should not go for long term debt in their
capital structure to...
asked 5 minutes ago -
I create an address book where the user enters the name, phone
and email in the...
asked 11 minutes ago -
The production capacity for acrylonitrile
(C3H3N) in the United States exceeds 2
million pounds per year....
asked 19 minutes ago -
explain and comment out your answer
43. How many address lines are required to address a...
asked 25 minutes ago -
A sample of 45 observations is selected from a normal
population. The sample mean is 49,...
asked 40 minutes ago -
A construction company is planning to bid on a building
contract. The bid costs the company...
asked 37 minutes ago -
A firm operating in a purely competitive environment is faced
with a market price of $250....
asked 44 minutes ago -
•Let’s say someone claims the average population size is
600 feet squared and the housing authority...
asked 51 minutes ago -
Cynaide is a deadly poison that blocks the last step in the
electron transport chain of...
asked 56 minutes ago -
Your friend tells you that there is a vending machine on campus
that dispenses M&M packs...
asked 1 hour ago -
What advantages are there to using piperidine rather than
hydroxide as a base?
asked 1 hour ago -
7. The life of a Freeze Breeze electric fan is normally
distributed with a mean 4...
asked 1 hour ago