When Compared to the Other Methods of Depreciation, the Double-Declining-Balance

question 86

Multiple Choice

When compared to the other methods of depreciation, the double-declining-balance method of depreciation gives depreciation expense that is:

• A)less in the earlier periods.
• B)more in the earlier periods.
• C)approximately the same in earlier periods as with other methods.
• D)an accelerated method; therefore, companies cannot use this method.

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Definitions:

Cost Estimates

Predictions or approximations of the expenses associated with a project, task, or purchase, often used in budgeting and planning.

Claim Messages

Communications asserting a right or demand for action or compensation, typically in the context of customer service or insurance.

Positive Manner

An approach or method characterized by optimism, constructiveness, or affirmative attitude.

Replacement

The act of substituting one item or person for another, often to fill a vacancy or to update with something newer or better.