Eaton Company has some assets that provide more and better services in the early years of their lives and require increasing amounts of maintenance as they grow older.The _____ method(s), which recognize larger depreciation charges in early years and smaller depreciation charges in later years, can be justified.
A)declining-balance
B)accelerated depreciation
C)sum-of-the-years'-digits
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

The declining-balance, accelerated depreciation, and sum-of-the-years'-digits methods all recognize larger depreciation charges in the early years and smaller charges in the later years, making them suitable for assets that provide more benefits early on and require more maintenance as they age.

Eaton Company Has Some Assets That Provide More and Better