Why are time-based depreciation methods used more frequently than activity-based methods?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (21 reviews)
Theoretically the use of activitybased depreciation methods would provi...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Question Posted:
Students also viewed these Accounting questions
-
Why is the units-of-production method used frequently to calculate depreciation for natural resources? Why is the term "depletion" oft en used instead of "depreciation"?
-
Why do gram-positive bacteria cause respiratory diseases more frequently than gram-negative bacteria?
-
Why are present value tables frequently used to convert future values to present values?
-
Explain the concept of recursion in programming and provide an example of a recursive function.
-
Draw all the resonance forms of the sigma complex for nitration of bromobenzene at the ortho, meta, and para positions. Point out why the intermediate for meta substitution is less stable than the...
-
A monopolists inverse demand function is P = 150 - 3Q. The company produces output at two facilities; the marginal cost of producing at facility 1 is MC1 (Q1) = 6Q1, and the marginal cost of...
-
If you were in charge of taking Nikes focus on the customer to the next level, what would you do?
-
Peter is a professor of mathematics at State University. His lifetime avocation has been sailing, and he owns an oceangoing sailing vessel. He plans to retire in five years and spend the remainder of...
-
AMC Limited Issued five-year, 5% bonds for their par value of $890,000 on 1 January 20X1. Interest is paid annually. The bonds are convertible to common shares at a rate of 50 common shares for every...
-
Using Figure 7.6, tabulate the attenuation (in dB) of a 18-gauge UTP for the indicated frequencies and distances. Figure 7.6 26 gauge Gauge Diameter (inches) 0.0403 20 24 gauge 18 18 0.02320 22...
-
Briefly differentiate between the straight-line depreciation method and accelerated depreciation methods.
-
What are some factors that could explain the predominant use of the straight-line depreciation method?
-
Which industries do you anticipate will experience industry shocks that will spur merger activity in the near future?
-
Find a. b. a = (5, 1, 1), b = (8, -4, -12) Need Help? Read It Watch It
-
Suppose a country experiences an increase in the equilibrium quantity of labor and a decrease in the equilibrium wage. What could have caused this change?
-
calculate the net income of current year? Cash dividends declared and paid in current year $ 11,800 Retained earnings at December 31, prior year 67,600 Net income in current year
-
Spencer (69) is a full-year resident and required to file a North Carolina return. In addition to his other income, he received $58,727 in railroad retirement benefits. Only $15,563 of those benefits...
-
On August 1 , Kim Company accepted a $ 1 4 , 0 0 0 , 9 0 - day, 4 % note receivable as payment for services provided to Hsu Company. On October 3 0 , the entry to journalize the collection of the...
-
The bond angles increase steadily in the series PF 3 , PCl 3 , PBr 3 , and PI 3 . After consulting the data on atomic radii, provide an explanation for this observation.
-
Consider the setup in Problem 16. Show that the relative speed of the ball and the point of contact on the stick is the same before and immediately after the collision. (This result is analogous to...
-
Suffering is fundamental to human experience. Often it is triggered by such events as illness, accidents, death, or the breakdown of relationships. As organizations are places of human engagement,...
-
What is the normal procedure for handling the collection of accounts receivable previously written off using the direct write-off method the allowance method?
-
What is the normal procedure for handling the collection of accounts receivable previously written off using the direct write-off method the allowance method?
-
What is the normal procedure for handling the collection of accounts receivable previously written off using the direct write-off method the allowance method?
-
Describe a time when you, or someone you know, received an annual evaluation appraisal. How did the supervisor approach the meeting? Did you feel it was a fair assessment of your performance? Did you...
-
comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. Consider the following data. We want to...
-
Based on the graph is Leasing is based on a lease contract between lessee and lessor on an asset owned by the lessor. Entering a lease contract, ? Inventory-to-sales ratios $15 billion Target's...
Study smarter with the SolutionInn App