Which of the Following Statements Is True of the Straight-Line

Multiple Choice

Which of the following statements is true of the straight-line and/or reducing-balance methods (using the theoretical rate) of depreciation?

A) The two methods yield different amounts of total depreciation expense over the useful life of the asset.
B) The two methods yield the same amount of total depreciation expense over the useful life of the asset.
C) The straight-line method is applied to assets that wear and tear faster in the earlier years.
D) The reducing-balance method is applied to assets that generate more revenue in later years.