When You Click the Shapes Button and Start to Drag

question 70

Multiple Choice

When you click the Shapes button and start to drag the mouse pointer to create the position of the shape, the mouse arrow changes to a:

• A) four-headed arrow.
• B) double-headed arrow.
• C) cross-hair pointer.
• D) plus sign.

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Definitions:

Double-declining-balance

The double-declining-balance method is a form of accelerated depreciation that doubles the normal depreciation rate, reducing the asset's value more quickly in the early years of its life.

Book Value

The book value of an asset is its original purchase cost minus any accumulated depreciation or amortization, reflecting its recorded value on a company's balance sheet.

Useful Life

The estimated period over which an asset is expected to be usable by a company for its intended purpose.

Capitalize

To record a cost or expense on the balance sheet for the purposes of delaying full recognition of the expense over time through depreciation or amortization.