At the End of the First Year of an Asset's

Multiple Choice

At the end of the first year of an asset's life,the declining-balance depreciation:

A) causes an asset to be carried at a higher book value than that computed using the straight-line method.
B) causes an asset to be carried at a lower book value than that computed using the straight-line method.
C) causes an asset to be carried at the same book value as that computed using the straight-line method.
D) cannot be used if the resulting book value will be significantly different from that which would result from using the straight-line method.