Depreciation Can Be Thought of as ______

question 69

Multiple Choice

Depreciation can be thought of as ______.

• A)the cost of wear and tear on physical assets
• B)a discount placed on certain aspects of your business
• C)the result of business losses
• D)the value of used goods

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Definitions:

Business Plan

A document that outlines a company's goals, strategies, target market, and financial forecasts.

Mission

The fundamental purpose or objective of an organization, clearly stating its reasons for existence and guiding its strategies and actions.

Business Incubator

A facility that offers space, shared services, and advice to help get small businesses started.

Limited Liability Corporation

A corporate framework that merges the direct taxation benefit of sole proprietorships or partnerships with the corporation's advantage of limited liability.