A company will experience the same total tax savings over the life of an asset, regardless of the method of depreciation used.

Question

Quizplus · Accepted Answer

The total tax savings over the life of an asset depend on the total depreciation expense, but the timing of the expense can vary depending on the method of depreciation. However, over the asset's useful life, the total tax savings will be the same regardless of the depreciation method used.

A Company Will Experience the Same Total Tax Savings Over