_________ Is the Systematic Write-Off of the Value of a Tangible

question 295

Multiple Choice

_________ is the systematic write-off of the value of a tangible asset over its useful life.

• A)Expense structuring
• B)Amortization
• C)Capital budgeting
• D)Gross margin allocation

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Definitions:

Matching Principle

An accounting concept that expenses should be recorded in the same period as the revenues they help to generate.