The double-declining-balance method of depreciation is also referred to as an accelerated depreciation method.

Name: The double-declining-balance method of depreciation is also referred to as an accelerated depreciation method.
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The statement is true. The double-declining-balance method of depreciation is a method of accelerated depreciation as it calculates a larger portion of the asset's cost as an expense in the early years of its useful life.

The Double-Declining-Balance Method of Depreciation Is Also Referred to as an Accelerated