Exam (elaborations)
Wall Street Prep Correct Questions & Answers 2023(Graded A+)
- Course
- Institution
Do companies prefer straight-line or accelerated depreciation? - ANSWER For GAAP reporting purposes, companies generally prefer straight-line depreciation. That's because a company will record lower depreciation in the early years of the asset's life than if they had used accelerated depreciation. ...
[Show more]