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An accelerated depreciation method: Depreciates an asset over a shorter life than does the straight-line method. Recognizes more depreciation expense in the early years of
An accelerated depreciation method:
Depreciates an asset over a shorter life than does the straight-line method.
Recognizes more depreciation expense in the early years of an asset's useful life and less in the later years.
Results in reporting higher earnings every year.
Is required for assets that become technologically obsolete before they physically wear out.
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