The Straight-Line Depreciation Method and the Double-Declining-Balance Depreciation Method

Multiple Choice

The straight-line depreciation method and the double-declining-balance depreciation method:

A) produce the same total depreciation over the asset's useful life.
B) produce the same amount of depreciation expense each year.
C) produce the same book value each year.
D) are the only acceptable methods of depreciation for financial reporting.