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

Question

Quizplus · Accepted Answer

The double-declining-balance method allocates a higher amount of depreciation in earlier years than in later years. This is because it multiplies the declining book value by a fixed percentage, which results in a higher depreciation expense in the earlier years of an asset's life.

Which of the Following Depreciation Methods Allocates a Higher Amount