Which of the following depreciation methods writes off more depreciation near the start of an asset's life than in later years?

Question

Quizplus · Accepted Answer

The declining-balance method of depreciation writes off more depreciation near the start of an asset's life and less depreciation as the asset ages. This is because it applies a constant rate of depreciation to the diminishing book value of the asset over time.

Which of the Following Depreciation Methods Writes Off More Depreciation