The method of determining depreciation that yields successive reductions in the periodic depreciation charge over the estimated life of the asset is the
A)time-valuation method
B)units-of-production method
C)straight-line method
D)double-declining-balance method

Question

Quizplus · Accepted Answer

The method described in the question is the double-declining-balance method, which is a form of accelerated depreciation that results in higher depreciation charges in the early years of an asset's life and decreasing charges in subsequent years.

The Method of Determining Depreciation That Yields Successive Reductions in the Periodic