The declining-balance method of depreciation is called an accelerated depreciation method because it depreciates an asset in a shorter period of time than the asset's useful life.

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The 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, not because it depreciates an asset in a shorter period than the asset's useful life.

The Declining-Balance Method of Depreciation Is Called an Accelerated Depreciation