Which of the following depreciation methods always allocates a higher amount of depreciation in earlier years than in later years?

Question

Quizplus · Accepted Answer

The double-declining-balance method is an accelerated depreciation method which allocates a higher amount of depreciation in the earlier years of an asset's life and a lower amount in later years. This is because the depreciation rate is double that of the straight-line method and is applied to the net book value of the asset each year.

Which of the Following Depreciation Methods Always Allocates a Higher