The statement, "The book value of an asset when using straight-line depreciation is always greater than the book value from using double-declining-balance, except at the beginning and end of the asset's useful life, when it is the same" is false.
Explanation:
The double declining devaluation strategy is one of two normal techniques a business uses to represent the cost of a seemingly perpetual resource.
The DDB depreciation technique is a quickened deterioration strategy that considers a cost twice as a great part of the benefit's book esteem every year contrasted with straight-line depreciation.
Depreciation rates utilized in the declining balance technique could be 150%, 200% (twofold), or 250% of the straight-line rate. At the point when the devaluation rate for the declining balance strategy is set as a different multiplying the straight-line rate, the declining balance technique is adequately the double declining balance technique.
Over the depreciation procedure, the twofold deterioration rate stays consistent and is applied to the diminishing book esteem every deterioration period.
Answer: True
Explanation: False Declining-balance will always produce more depreciation expense in earlier years which will result in a lower book value.
