Answer:
The double-declining depreciation method.
Explanation:
The double-declining is an accelerated asset depreciation method. The method seeks to recognize most of an asset depreciation in its first years of existence. It is referred to as double-declining because it uses twice the depreciation rate of the straight-line method.
The double-declining method is suitable for assets that are consumed at a high rate during the initial stages of their useful life. Â Organizations that prefer to incur more expenses on an asset earlier and enjoy profits later, or those wishing to defer taxes, can also use this method.
