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

Question

Quizplus · Accepted Answer

The double-declining balance method writes off a higher amount of depreciation in earlier years than in later years, as it applies a depreciation rate that is double the straight-line rate. This results in a larger depreciation expense in the earlier years of an asset's useful life.

Which of the Following Depreciation Methods Writes Off a Higher