Question

One difference between straight-line and double-declining-balance depreciation methods is that:

Answer 1

If the options are:
A) Straight-line method will fully depreciate the asset more quickly.
B) Double-declining-balance method will fully depreciate the asset more quickly.
C) Income taxes paid will be lower under the double-declining-balance method.
D) Losses on disposal will be lower under the straight-line method.
E) None of the above

Answer: E.