The ________ method of depreciation calculates depreciation at the highest accelerated rate.

Question

Quizplus · Accepted Answer

The double declining-balance method of depreciation calculates depreciation at the highest accelerated rate. This means that the asset will be depreciated more in the early years of use, which can be beneficial for tax purposes or when replacing assets frequently. However, it may not accurately reflect the actual decline in value over time.

The ________ Method of Depreciation Calculates Depreciation at the Highest