Which depreciation method is most frequently used in businesses today?

A) Straight-line
B) Declining-balance
C) Units-of-activity
D) Double-declining-balance

Straight-Line

A method of calculating depreciation or amortization by evenly distributing the cost over an asset's useful life.

Double-Declining-Balance

A method of accelerated depreciation where the asset's book value is decreased at double the rate of straight-line depreciation.

Units-Of-Activity

A depreciation method that allocates expense based on the actual usage or activity level of the asset.