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Which one of the following methods of depreciation will result in the lowest reported net income in the early life of a depreciable asset?

A. Composite depreciation method.

B. Group depreciation method.

C. Straight-line depreciation method.

D. Sum-of-the-years’-digits depreciation method.

Accounting Auditing CMA
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Question added by Deleted user
Date Posted: 2015/04/08
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Iftikhar Hussain Shah
by Iftikhar Hussain Shah , Senior Manager , Deloitte LLP

Option D is correct. Sum of the years digits depreciation method.

Anas Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

D............................................................... Sum-of-the-years’-digits depreciation method.

Zuhaib Iqbal Qadri
by Zuhaib Iqbal Qadri , Accountant , Auto Z Automotive Group

Option D will be the right ð one

Ameet Kumar
by Ameet Kumar , Accounts Officer , Specific Glass Mosaic India Limited

Straight line depreciation method

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