The depreciation method that does not use residual value in calculating the first year's depreciation expense is
A) straight-line
B) units-of-activity
C) double-declining-balance
D) sum-of-the-years-digits

Question

Quizplus · Accepted Answer

The method that does not use residual value in calculating the first year's depreciation expense is the double-declining-balance method. This method typically results in higher depreciation expense in the earlier years of an asset's life and lower expense in the later years.

The Depreciation Method That Does Not Use Residual Value in Calculating