Double-declining-balance depreciation may be referred to as accelerated depreciation.

Name: Double-declining-balance depreciation may be referred to as accelerated depreciation.
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Double-declining-balance is a method of accelerated depreciation where the asset is depreciated at a faster rate in the earlier years of its useful life, resulting in higher depreciation expenses and lower book values of the asset. Therefore, it is also known as accelerated depreciation.

Double-Declining-Balance Depreciation May Be Referred to as Accelerated Depreciation