The method of determining depreciation that yields successive reductions in the periodic depreciation charge over the estimated life of the asset is the
A) units-of-production method
B) double-declining-balance method
C) straight-line method
D) time-valuation method

Question

Quizplus · Accepted Answer

The double-declining-balance method is an accelerated depreciation method that results in larger depreciation expenses in the earlier years of an asset's life and smaller expenses in the later years, leading to successive reductions in the periodic depreciation charge.

The Method of Determining Depreciation That Yields Successive Reductions in the Periodic