 In this presentation, we're going to take a look at multiple choice questions related to property, plant, and equipment. First question. Method of depreciation that has the same amount of depreciation expense each period. A. Accelerated depreciation. B. Decline and balance depreciation. C. Straight line depreciation. D. Units of production depreciation. And E. Modified accelerated cost recovery system. Let's go through this again. Method of depreciation that has the same amount of depreciation expense each period. A. Accelerated depreciation. Now that's going to have a different method, a different amount, because it'll be accelerated having more in the front of the time frame than the end of the time frame. B. Decline and balance depreciation. Which is a form of accelerated depreciation and therefore not correct either. C. Straight line depreciation. And that seems reasonable if we have a straight line depreciation we're going to have the same amount allocated to each year. Let's keep going though. D. Units of production depreciation. You might think that might be the same each year but it depends on how many units we produce. So if we produce more or less units, we will have more or less depreciation. E. Says modified accelerated cost recovery system. Which is a tax depreciation method. And when we're thinking about financial accounting, typically the modified accelerated cost recovery attacks method is not going to be the answer. It's not the answer here. And it's usually going to be an accelerated method as well. So we have C then being the correct answer. Question. Answer. Method of depreciation that has the same amount of depreciation expense each period. C. Straight line depreciation. Next question. A depreciation method that results in larger depreciation expense in early years and smaller depreciation expense in later years. A. Accelerated depreciation. B. Decline in balanced depreciation. C. Straight line depreciation. D. Units of production depreciation. And E. Modified accelerated cost recovery system. So let's go through this again. A depreciation method that results in larger depreciation expense in early years and smaller depreciation expense in later years. A. Says accelerated depreciation. Now that seems right because it seems that we would have under an accelerated method larger expense in early years and lesser in later years. B. Says declining balance depreciation. Now the problem here is that that one is a form of accelerated depreciation method. So it does result in the same thing. Expenses being higher in early years and later in later years. So I'll keep that for now. C. Says straight line method. And it's not that. That's going to be even across all periods. D. Says units of production depreciation. That will depend on the units that are produced. And if we produce more in the current year, you would think it would be reasonable possibly for it to result in that being the case, having higher depreciation in earlier years than later years, but not necessarily being the case. It just depends how many units we produce. And then E. Says modified accelerated cost recovery system. And again that's a tax code one. And it's probably not going to be an answer in most of our financial accounting. But most of the accelerated recovery system is a form of accelerated method as well. So if we look at these then we've got A, B, and E. And we have a depreciation method that results in larger depreciation expense in early years and smaller depreciation expense in later years. Now this is a case where I think we have like kind of the more of the correct answer. Because this is really kind of a definition of what an accelerated depreciation is, which is A. And then B, which is the double declining or declining balance depreciation and possibly E could fall into the category of an accelerated depreciation method. So therefore I think A the most correct answer because that is what a accelerated method is. And we could have different forms of accelerated methods to achieve that. So that's going to be our answer here A one more time. A depreciation method that results in larger depreciation in early years and smaller depreciation expense in later years. A accelerated depreciation