Answer:
Using straight line method over Double-declining balance method chances of loss or reduction in gain increases.
Explanation:
When we use straight line method it gives constant value that decrease the book value of plant assets while using double-declining balance method is reduce book value more aggressively in earlier years. Therefore, Book value of asset is much higher compare to double declining balance method hence, chances of loss or reduction in gain are obvious when we use the straight line method.
C- APR of cash advance is not higher than that of regular credit card purchases.
The work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.
<h3>What is a
work sheet?</h3>
A work sheet means an internal document used by companies to help with adjusting, closing accounts and preparation of financial statements
Some benefit of work sheet in preparation of financial statement includes:
- its reduces the possibility of errors when working with many accounts and adjustments
- its links accounts and adjustments to their impact on financial statements
- its helps in preparing interim financial statement
- its shows the effects of proposed or "what-if" transactions.
In conclusion, the work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.
Read more about work sheet
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the answer is c a application letter
