Accelerated depreciation assumes all of the following except that
A)asset benefit increases with each year of use.
B)the asset provides more benefit in the early years.
C)obsolescence makes an asset less valuable in its later years.
D)repair expense is less in the early years than in the later years.

Question

Quizplus · Accepted Answer

Accelerated depreciation assumes that the asset provides more benefit in the early years and that obsolescence makes the asset less valuable in its later years. It also assumes that repair expenses are higher in the later years than in the early years. However, it does not assume that the asset benefit increases with each year of use.

Accelerated Depreciation Assumes All of the Following Except That