When Calculating Declining Balance Depreciation, the Straight-Line Rate Was Used

Multiple Choice

When calculating declining balance depreciation, the straight-line rate was used instead of double the straight-line rate. In the first year of ownership, this error would cause:

A) the period's end assets to be overstated.
B) the period's depreciation expense to be overstated.
C) the period's end assets to be understated.
D) None of these is correct.