If the Straight-Line Method of Depreciation of an Asset with a 5-Year

question 12

Multiple Choice

If the straight-line method of depreciation of an asset with a 5-year life expectancy and no salvage value is used, then the percentage of cost that is recognized as depreciation expense for the first two years of the asset's life is, respectively,

• A)25% and 25%.
• B)40% and 20%.
• C)40% and 40%.
• D)20% and 20%.

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Definitions:

Coping Skills

Techniques or strategies that individuals use to manage stress, challenges, or emotional conflict.

Treatment Foster Care

A placement service offering therapeutic foster care for children and adolescents with complex emotional, behavioral, or social needs.

Family Therapy

A form of psychotherapy that aims to address psychological problems by focusing on the interpersonal relationships within the family unit.

Biological Parents

The individuals who contribute their genetic material to the birth of a child.