MATCHING Match each term with the correct statement. a.Straight-line b.Residual value c.Book value d.Double declining balance e.Units-of-production 1.Produces a level amount of...

MATCHING

Match each term with the correct statement.

a.Straight-line

b.Residual value

c.Book value

d.Double declining balance

e.Units-of-production

1.Produces a level amount of depreciation expense per unit of output

2.Depreciation method that minimizes income tax expense at the beginning of the life of the asset

3.Allocates an equal amount of the cost of a plant asset to expense during each period of an asset's expected useful life

4.The amount management expects to receive for an asset at the end of its useful life

5.Cost of a plant asset minus accumulated depreciation