Fall Corp.uses plant assets that are subject to rapid decreases in value due to obsolescence and physical deterioration.Which of the following depreciation methods is most appropriate to measure the decline in the usefulness of the company's assets?

Question

Quizplus · Accepted Answer

This method is most appropriate for assets that are subject to rapid decreases in value as it accelerates the depreciation expense in the early years and gradually reduces it as the asset approaches the end of its useful life. This method, therefore, matches the declining usefulness of the asset with the depreciation expense.

Fall Corpuses Plant Assets That Are Subject to Rapid Decreases in in Value