Depletion Is

question 106

Multiple Choice

Depletion is:

• A)The process of allocating the cost of natural resources to the period when it is consumed.
• B)Calculated using the double-declining balance method.
• C)Also called amortization.
• D)An increase in the value of a natural resource when incurred.
• E)The process of allocating the cost of intangibles to periods when they are used.

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