In which scenario would accelerated depreciation be preferred?

Accelerated depreciation is often preferred in scenarios where an asset generates more revenue in its early years of use, which aligns well with option B. This approach allows businesses to recover their investment costs more rapidly while aligning tax deductions with the asset's income-generating capacity. As the asset is utilized more heavily and provides greater economic benefits upfront, using an accelerated method like double declining balance allows for higher depreciation expenses in those initial years. This can positively impact cash flow since it provides tax savings when they are most beneficial due to increased revenue.

The other options do not fit as effectively with the principles of accelerated depreciation. A long useful life does not inherently necessitate accelerated depreciation, as it might benefit from a straight-line method due to lower early income. Expecting higher future tax rates can make delaying depreciation more attractive, rather than accelerating it, which diminishes current tax shields. Lastly, aiming to report higher profits in initial years would generally lead to preferring methods that minimize depreciation expenses, such as straight-line depreciation, rather than maximizing them.