Which of the following methods would be a typical choice for assets that are most productive when they are new but lose their utility quickly as they get older?
A)Straight line method
B)Double declining method
C)Units of production method
D)Depletion

Question

Quizplus · Accepted Answer

The double declining method is a type of accelerated depreciation method suited for assets that are most productive when they are new but lose their utility quickly as they get older. This method involves higher depreciation charges in the earlier years of an asset's life and lower charges in the later years, reflecting the asset's declining utility.

Which of the Following Methods Would Be a Typical Choice