Multiple Choice Questions

Is the process of allocating to expense the cost of a plant asset
  • Depreciation:
  • Amortization:
  • The formula for computing annual straight-line depreciation is:
  • Depletion:
Is the systematic allocation of the cost of an intangible asset to expense over its estimated useful life
  • Amortization:
  • The formula for computing annual straight-line depreciation is:
  • Depreciation:
  • Depletion:
Book value
  • The formula for computing annual straight-line depreciation is:
  • The straight-line depreciation method and the double-declining-balance depreciation method:
  • The total cost of an asset less its accumulated depreciation is called:
  • Amortization:
The length of time it is productively used in a company's operations
  • The formula for computing annual straight-line depreciation is:
  • The useful life of a plant asset is:
  • Depreciation:
  • The straight-line depreciation method and the double-declining-balance depreciation method:
Is the process of allocating the cost of natural resources to periods in which they are consumed
  • Depletion:
  • Depreciation:
  • Amortization:
  • The straight-line depreciation method and the double-declining-balance depreciation method:
0 h : 0 m : 1 s

Multiple Choice Questions
Answered Not Answered Not Visited Correct : 0 Incorrect : 0