Choose the Word or Phrase in [ ] Which Will

question 44

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The collection of investments you select to meet your investment goals is called your [portfolio | allocation].

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Definitions:

Straight-line Method

A method of calculating depreciation by evenly allocating the cost of an asset over its estimated useful life.

Salvage Value

The expected residual valuation of an asset at the conclusion of its operational life, commonly included in the calculations for depreciation.

Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.

Annual Depreciation

The amount of an asset's cost that is allocated as expense across one year of its useful life, reflecting the asset's loss of value over time.