Assets that produce their greatest benefits to a firm early in their useful life should be amortized using the:

Question

Quizplus · Accepted Answer

The declining-balance method of amortization accelerates the expense recognition into the earlier periods of an asset's life, which aligns with assets that deliver their greatest benefits early on. This method results in higher expenses in the initial years and lower expenses as the asset ages.

Assets That Produce Their Greatest Benefits to a Firm Early