Place a tick in the appropriate grid to identify whether each of the following statements is more suited as reference to the straight-line method (X) or reducing balance method (Y):
(a) Once computed the annual depreciation of an asset remains constant from year to year
(b) The depreciation expense fails to reflect the fall in market value of the asset
(c) Its virtue is the simplicity of calculating the amount
(d) The annual expense tends to remain constant when depreciation is taken together with repairs
(e) Conveys a wrong impression that depreciation is a function of time rather than use
(f) Progressively declining depreciation expense probably reflects reducing earning power of asset
(g) Depreciation calculation may become complicated when enhancement costs are capitalised
(h) The method is known also as the accelerated depreciation method
(i) Asset tends to cost more with the asset’s age when depreciation is taken together with repairs
(j) Unless deliberately removed the asset is not eliminated from accounts by depreciation process