Signify TRUE or FALSE as applicable for each of the following items as they pertain to depreciation.

Accelerated deprecation is better suited for situations where assets become worn based on usage rather than passable of time. [ Choose ]

Accelerated depreciation means that the asset is depreciated in fewer periods than other depreciation methods. [ Choose]

Units of production is better suited for situations where usage varies from period to period. [ Choose]

Accelerated depreciation ignores salvage value and allows a business to depreciate an asset to a zero book value. [ Choose ]

In an asset's first year of depreciation, straight line depreciation would generate a higher depreciation expense than accelerated depreciation. [ Choose ]

In an asset's final year of depreciation, straight line depreciation would generate a higher depreciation expense than accelerated depreciation (assume the asset is held and used for its entire estimated useful life). [ Choose]

Double declining balance is the ONLY allowable method of accelerated depreciation. [Choose]