A method that ignores salvage value in the early years of the asset's life in calculating periodic depreciation expense is the
A) productive-output method.
B) group composite method.
C) sum-of-the-years'-digits method.
D) double-declining-balance method.

Question

Quizplus · Accepted Answer

The double-declining-balance method is an accelerated depreciation method that does not consider salvage value in the early years, focusing instead on a higher depreciation expense initially.

A Method That Ignores Salvage Value in the Early Years