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