A Benefit of Using an Accelerated Depreciation Method Is That

Multiple Choice

A benefit of using an accelerated depreciation method is that:

A) It is preferred by the tax code.
B) It is the simplest method to calculate.
C) It yields larger depreciation expense in the early years of an asset's life.
D) It yields a higher income in the early years of the asset's useful life.
E) The results are identical to straight-line depreciation.