Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Why and when is it applicable Double-Declining Balance(DDB) depreciation Method?

user-image
Question added by Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation
Date Posted: 2016/02/10
Mohamed Hakeem Meerashahib
by Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation

This method can be justified if the quality of service produced by an asset declines over times, or if repair and maintenance cost will rise over time to off set the declining depreciation amount.  

Abdul Wahab
by Abdul Wahab , Credit Controller , Takween Advanced Industries

 

To dispose assets soon and for assets which are quickly upgraded in technology.

 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.