Accelerated methods of depreciation result in higher net income in the last years of an asset's life compared to the straight-line method.

Question

Quizplus · Accepted Answer

Accelerated depreciation methods allocate more expense in the early years and less in the later years, resulting in higher net income in the later years compared to the straight-line method, which spreads the expense evenly.

Accelerated Methods of Depreciation Result in Higher Net Income in the Last