What Is the Objective of Any Accelerated Depreciation Method

question 20

Multiple Choice

What is the objective of any accelerated depreciation method?

• A) To recognize greater amounts of depreciation in the later years of an asset's life and smaller amounts in the early years
• B) To recognize greater amounts of depreciation in the early years of an asset's life and smaller amounts in the later years
• C) To recognize stable amounts of depreciation in both the early and in the later years of an asset's life
• D) To accelerate the computation of the depreciation expense by the accountants.

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Definitions:

Planet

A celestial body orbiting a star or stellar remnant that is massive enough to be rounded by its own gravity, but not massive enough to cause thermonuclear fusion.

Social Justice

Concerned with creating a more just and equitable world.

Equitable

Characterized by fairness, justice, and impartiality in the treatment or recognition of all individuals.

World

Refers to the earth, along with all of its countries, peoples, and natural features.