WHICH OF THE FOLLOWING BEST DESCRIBES THE IMPACT OF DEPRECIATING EQ...

8. Which of the following best describes the impact of depreciating equipment with

a useful life of 6 years using the declining balance method as compared to the

straight-line method?

A. Total depreciation expense will be higher over the life of the equipment.

B. Depreciation expense will be higher in the first year.

C. Scrapping the equipment after five years will result in a larger loss.