DBL
| 19:44 Feb 24, 2021 |
| Spanish to English translations [PRO] Bus/Financial - Finance (general) / Dollar savings account | |||||
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| 3 -1 | double declining balance |
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Answers
9 hrs confidence: 
peer agreement (net): -1
peer agreement (net): -1double declining balance Explanation: Definition of Double Declining Balance Method of Depreciation The double declining balance method of depreciation, also known as the 200% declining balance method of depreciation, is a form of accelerated depreciation. This means that compared to the straight-line method, the depreciation expense will be faster in the early years of the asset's life but slower in the later years. However, the total amount of depreciation expense during the life of the assets will be the same. |
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