Double-declining balance depreciation:
A) is an accelerated method of depreciation.
B) ignores the residual value in computing depreciation, except during the last year.
C) is based on book value.
D) is all of the above.

Question

Quizplus · Accepted Answer

Double-declining balance depreciation is an accelerated depreciation method that ignores residual value in computing depreciation, except during the last year. It is also based on book value. Therefore, option D is correct.

Double-Declining Balance Depreciation