Use of the double-declining-balance method of depreciation results in higher depreciation expense during the first year of an asset's life relative to use of the straight-line depreciation method.

Question

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The double-declining-balance method depreciates assets at a faster rate than the straight-line method, resulting in higher depreciation expense in the early years of an asset's life.

Use of the Double-Declining-Balance Method of Depreciation Results in Higher