Which of the Following Statements Most Appropriately Describes the Purpose

question 74

Multiple Choice

Which of the following statements most appropriately describes the purpose of depreciating a long-lived tangible asset?

• A)To indicate how the asset has physically deteriorated.
• B)To show that the asset will eventually and gradually become obsolete.
• C)To record that the asset's market value declines over time.
• D)To match the cost of the asset to the period in which it generates revenue.

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Definitions:

Central Executive

A part of working memory model that coordinates the activities of the two subsystems, the phonological loop and the visuo-spatial sketchpad, and integrates information from the episodic buffer.

Working Memory Capacity

The amount of information that can be held and manipulated in working memory, a key factor in cognitive processes such as reasoning, comprehension, and learning.

Phonological Loop

A component of working memory model involving the temporary storage and manipulation of verbal and auditory information.

Working Memory

An intellectual system with finite capabilities, tasked with holding data temporarily to facilitate processing.