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The least commonly used depreciation method is the sum-of-the-years'-digits (SYD) method. This method accelerates depreciation more than straight-line but less than double declining balance, making it less appealing for many businesses that prefer simpler or more aggressive methods. Its complexity and the fact that many assets do not experience significant depreciation in earlier years contribute to its infrequent use.

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5mo ago

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Related Questions

What depreciation method does target use?

the straight line method


Which method of depreciation would you use if you were to receive a bonus which is based on net profit?

which method of depreciation to use when bonus is received that is based on net profit


What method of depreciation does Target Corp use on their financial statements?

According to their annual report, Target generally uses the accelerated depreciation method.


Accelerated depreciation method?

Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.


What depreciation method does wal-mart use?

Straight line


What can be done if depreciation is not a whole number?

Depreciation errors are generally corrected by the filing of an amended tax return or through the request of a change in accounting method. If an impermissible method of depreciation has been reported for at least two consecutive years, then a change in accounting method would be required to correct any errors.


Which depreciation method does not use residual value in calculating the first years depreciation expense?

Declining-Balance


Straight line method of depreciation?

Straight line depreciation method is that method in which fixed amount of depreciation is charged to all fiscal years in which that asset is used.


Depreciation straight line method?

Straight line depreciation method is that method in which fixed amount of depreciation is charged to all fiscal years in which that asset is used.


What type of depreciation method does the company probably use for income tax purposes?

Straight line method.


What type of depreciation system does Boeing company use?

Straight line method


Distinguish between depreciation policy and the concept of depreciation?

Depreciation policy is management thing that what depreciation method to use and how much depreciation to charge to each asset. Depreciation concepts are concepts which govern the depreciation process which management cannot change they are universal rules to follow depreciation that how straight line depreciation work etc.

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