The diminishing-balance method of depreciation produces a(n)
A) decreasing depreciation expense each period.
B) increasing depreciation expense each period.
C) diminishing percentage rate each period.
D) constant amount of depreciation expense each period.

Question

Quizplus · Accepted Answer

The diminishing-balance method results in a decreasing depreciation expense each period because it applies a constant percentage to the declining book value of the asset.

The Diminishing-Balance Method of Depreciation Produces A(n)