Which of the following depreciation methods best applies to those assets that generate greater revenue earlier in their useful lives?

Question

Quizplus · Accepted Answer

The double-diminishing-balance method is an accelerated method of depreciation that results in a larger depreciation expense in the early years and a smaller expense in later years. This method is appropriate for assets that generate greater revenue earlier in their useful lives, as it allows for a larger portion of the asset's cost to be expensed in the early years when the asset is contributing the most to revenue generation.

Which of the Following Depreciation Methods Best Applies to Those