Which of the following is considered an accelerated depreciation method?
A) Double-declining-balance
B) Units-of-production
C) Straight-line
D) Both double-declining-balance and units-of-production

Question

Quizplus · Accepted Answer

The double-declining-balance method is considered an accelerated depreciation method because it results in higher depreciation expenses in the early years of an asset's life and lower expenses in the later years, compared to methods that allocate depreciation evenly over the asset's useful life, such as the straight-line method. The units-of-production method is not considered accelerated; it allocates depreciation based on the asset's usage, which can vary year by year but does not inherently result in a front-loaded depreciation schedule.

Which of the Following Is Considered an Accelerated Depreciation Method