The Purpose of Depreciation Is to

question 147

Multiple Choice

The purpose of depreciation is to

• A) Measure the change in an asset's value
• B) Adjust the carrying value of an asset to market value
• C) Allocate the asset's cost to the periods benefiting from its use
• D) Recognize the reduced usefulness of an asset
• E) Adjust the ledger account balances for assets to equate to their current market value

---

Definitions:

Background Feature

A software attribute that allows users to set or customize the background in applications or operating systems for aesthetic or functional purposes.

Slide Borders

The outer frame or edge area of a slide in a presentation, which can be customized or designed to enhance visual appeal.

Specific File

A unique document or data set stored in a computer system or network.

Simulates

To mimic or reproduce the conditions, functions, or actions of something else, often used in training, analysis, or experiments.