Accounting · Depreciation
Which of the following methods of calculating depreciation is based on the faulty assumption that the utility of an asset remains the same in different accounting years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Sinking Fund Method
- 2Annuity Method
- 3Written Down Value Method
- 4Straight Line Method✓
Correct answer
Straight Line Method
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