Assuming a useful life of five years, which of the following GAAP methods would most likely result in the most depreciation in the first year?

Question

Quizplus · Accepted Answer

The double declining-balance method of depreciation results in the most depreciation in the first year because it applies a constant rate to the declining book value of the asset each year, leading to a higher depreciation expense in the early years of the asset's life compared to methods like straight-line or MACRS, which either spread the cost evenly over the asset's life or use a different accelerating method that doesn't depreciate as aggressively in the first year.

Assuming a Useful Life of Five Years, Which of the Following