Accelerated depreciation methods allocate greater amounts of depreciation expense in the asset's early years of useful life which provides an investment incentive to businesses to take this
non-cash deduction and reduce current period income taxes.

Question

Quizplus · Accepted Answer

The statement is true, accelerated depreciation methods result in greater depreciation expense in the early years of an asset's useful life which can reduce current period income taxes and provide an investment incentive to businesses.

Accelerated Depreciation Methods Allocate Greater Amounts of Depreciation Expense in the Asset's