Which of the following depreciation methods best applies to those assets that generate greater revenue earlier in their useful lives?
A)Straight-line method
B)Depletion method
C)Double-declining-balance method
D)Units-of-production method

Question

Quizplus · Accepted Answer

The double-declining-balance method is an accelerated depreciation method that allows for a higher rate of depreciation in the early years of an asset's life when it is generating more revenue. This method results in higher depreciation expenses in the early years and lower expenses in the later years of an asset's life.

Which of the Following Depreciation Methods Best Applies to Those