Moderate
Which of the following is not a method for estimating depreciation charges?
Correct answer: D. Halsey's 50-50 formula
- A. Sinking fund method
- B. Straight line method
- C. Diminishing value method
- D. Halsey's 50-50 formula
Explanation
Sinking-fund, straight-line and diminishing-value methods are recognized depreciation methods. Halsey's 50-50 formula is a wage-incentive method, not a method for calculating depreciation.
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