____________________________ Are Fats (Solid at Room Temperature)and Oils (Liquid at Room

question 43

Multiple Choice

____________________________ are fats (solid at room temperature) and oils (liquid at room temperature) that make up 95% of the lipids in our diet.

• A)Fatty acids
• B)Saturated fatty acids
• C)Triglycerides
• D)A & B

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Definitions:

Salvage Value

The forecasted price an asset will fetch at the time of sale once its period of usefulness is over.

Depreciation Expense

The allocation of the cost of an asset over its useful life to account for declines in value over time.

Double-declining-balance

An accelerated depreciation method that doubles the normal depreciation rate.

Salvage Value

The estimated residual value of an asset at the end of its useful life, representing what it could potentially be sold for or scrapped.