Question: How is depreciation allocated when using the declining-balance method? Question 3 options: A constant percentage of an asset's book value as of the beginning of

How is depreciation allocated when using the declining-balance method?

Question 3 options:

A constant percentage of an asset's book value as of the beginning of each period is allocated to depreciation expense

Depreciation expense is allocated in proportion to an asset's use in operations

An equal amount of depreciation expense is allocated each period of an asset's useful life

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