If an asset is sensitive to obsolescence and becomes less efficient as time passes, what would be the most appropriate depreciation method for it?

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Quizplus · Accepted Answer

Accelerated depreciation methods, such as the double-declining balance method, are most appropriate for assets that are sensitive to obsolescence or become less efficient over time. This is because these methods allocate more depreciation expense to the earlier years of an asset's life, reflecting its rapid loss in value or efficiency.

If an Asset Is Sensitive to Obsolescence and Becomes Less