If a company owns a machine for its entire expected useful life, it will have the same total depreciation expense over the asset's life if it uses the double declining balance method and if it uses the straight-line method.

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Quizplus · Accepted Answer

Regardless of the depreciation method used (straight-line or double declining balance), the total depreciation expense over the asset's life will be the same because both methods will allocate the asset's cost minus its salvage value over its useful life. The difference lies in the timing and pattern of expense recognition, not the total amount depreciated.

If a Company Owns a Machine for Its Entire Expected