Question: The depreciation method using a fixed rate applied to the undepreciated cost of the asset each year, resulting in successively smaller depreciation charges as the

The depreciation method using a fixed rate applied to the undepreciated cost of the asset each year, resulting in successively smaller depreciation charges as the undepreciated cost diminishes year by year is called the

a.straight-line method.

b.sum-of-the-years'-digit method.

c.units-of-production method.

d.declining-balance method.

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