An accelerated depreciation method yields larger depreciation expense in the early years of an asset's life and less depreciation expense in later years.

Question

Quizplus · Accepted Answer

This is true because accelerated depreciation methods like the double-declining balance method and sum-of-the-years'-digits method allocate more of an asset's cost to the early years of its life, resulting in larger depreciation expenses during those years. As the asset gets older, the amount of depreciation expense decreases because less of the asset's cost remains to be depreciated.

An Accelerated Depreciation Method Yields Larger Depreciation Expense in the Early