The depreciation method that produces larger depreciation expense during the early years of an asset's life and smaller expense in the later years is a(an):
A)Accelerated depreciation method.
B)Book value depreciation method.
C)Straight-line depreciation method.
D)Units-of-production depreciation method.
E)Unrealized depreciation method.

Question

Quizplus · Accepted Answer

The description given of producing larger depreciation expenses during the early years of an asset's life and smaller expenses in the later years is characteristic of an accelerated depreciation method. Examples of such methods include the double-declining balance method and the sum-of-the-years-digits method. The other options listed do not fit this description.

The Depreciation Method That Produces Larger Depreciation Expense During the Early