A benefit of using an accelerated depreciation method is that: Multiple Choice The results are identical to straight-line deprec
iation. It yields larger depreciation expense in the early years of an asset's life. It is the simplest method to calculate. It yields a higher income in the early years of the asset's useful life. It is preferred by the tax code.
It yields larger depreciation expense in the early years of an asset's life
Accelerated depreciation method is a method of expensing the cost of an asset. It depreciates the asset such that the amount of depreciation in the earlier years are the highest. An example of an accelerated depreciation method is the double declining method.
Double declining method = 2 × (1/useful life)
The straight line depreciation method depreciates an asset evenly over the useful life of an asset. It is easiet to calculate
Straight line depreciation method = (Cost of asset - Salvage value) / useful life
SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.