What Is the Accounting Method for Distributing the Cost of an Asset

question 147

Multiple Choice

What is the accounting method for distributing the cost of an asset over its useful life called?

• A)Writing off
• B)Downloading
• C)Spread financing
• D)Depreciation
• E)Downstreaming

---

Definitions:

Bankruptcy Law

The area of law dealing with the process and rules that govern the financial failure of individuals or organizations, including the resolution of debts and assetsdivision.

Immediate Protection

Measures taken to safeguard people, property, or information from threats or harm without delay.

Creditors

Parties or institutions to whom money is owed.

External Forces

Factors outside the control of an organization that can impact its performance, including economic trends, regulation, or technological changes.