In the Last Year of Useful Life, the Salvage Value

Multiple Choice

In the last year of useful life, the salvage value was ignored using double declining-balance depreciation. This error would cause:

A) the period's end assets to be overstated.
B) the period's depreciation expense to be understated.
C) the period's end assets to be understated.
D) the period's end liabilities to be understated.