akbkarma
May 31, 2009, 11:02 PM
Which method of cost allocation for a tangible long lived asset will produce the highest amount of expense over the life of the asset?
I am stuck between two answers, I keep coming up with Double-Declining Method, but it seems that over the life of the asset it would actually be the same as Straight Line Method, can anyone help me better explain. Thank you.
I am stuck between two answers, I keep coming up with Double-Declining Method, but it seems that over the life of the asset it would actually be the same as Straight Line Method, can anyone help me better explain. Thank you.