Which of the following depreciation methods writes off a higher amount of depreciation in earlier years than in later years?

Name: Which of the following depreciation methods writes off a higher amount of depreciation in earlier years than in later years?
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Question

Quizplus · Accepted Answer

The double-declining-balance method is an accelerated depreciation method that writes off a higher amount of depreciation in the earlier years of an asset's life and gradually decreases the amount of depreciation written off in later years.

Which of the Following Depreciation Methods Writes Off a Higher