One difference between straight-line and double-declining-balance depreciation methods is that: A. Straight-line method will fully depreciate the asset more quickly. B. Double-declining-balance method will fully depreciate the asset more quickly. C. Income taxes paid will be lower under the double-declining-balance method. D. Losses on disposal will be lower under the straight-line method. E. None of the above.

E

Explanation:

none of the above because both the straight-line and double declining-balance depreciation methods are not fully depreciating the asset. That is ,when the salvage value is zero,double-declining-balance depreciation method will never depreciate the asset fully.

Moreover income tax paid also will not lower under DDB,method.

Or

Neither method depreciates assets more fully (that is, to the residual value more quickly) than the other. In fact, if the salvage value is $0, the double-declining-balance method will never fully depreciate the asset. The salvage value relative to the original cost and the asset life will determine which method reaches salvage value more quickly.

Correct answer is option E.None of the above.

Reason both the straight-line and double-declining-balance depreciation methods are not fully depreciating the asset.In other words,when the salvage value is zero,double-declining-balance depreciation method will never depreciate the asset fully.

Moreover income tax paid also will not lower under DDB, method.

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.