Which of the following would be increased by an accounting policy change involving use of the reducing balance method of depreciation in place of the straight-line method,leading to an increase in depreciation expense?

Question

Quizplus · Accepted Answer

Depreciation is an expense, and switching to the reducing balance method would result in higher depreciation expense each year. As a result, expenses would increase. The other options would not be directly affected by this accounting policy change.

Which of the Following Would Be Increased by an Accounting