Many Companies That Use the Declining-Balance Method of Depreciation Switch

Multiple Choice

Many companies that use the declining-balance method of depreciation switch to the straight-line method at what point in the life of a depreciable asset?

A) never, as one method must be applied consistently throughout the life of an asset
B) in the last quarter of the life of the asset
C) when the accelerated depreciation exceeds the straight-line depreciation
D) midpoint in the life of the asset