The depreciation method in which the depreciable cost of an asset is apportioned equally over its estimated useful life in terms of months or years is called accelerated depreciation.

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The description given is for straight-line depreciation, not accelerated depreciation. Accelerated depreciation methods allocate a higher amount of depreciation in the early years of an asset's life and a lower amount in later years. Examples of accelerated depreciation methods include double declining balance and sum-of-the-years'-digits.

The Depreciation Method in Which the Depreciable Cost of an Asset