Which of the Following Serves as the Justification for the Periodic

question 19

Multiple Choice

Which of the following serves as the justification for the periodic recording of depreciation expense?

• A) Association of efforts (expense) with accomplishments (revenue)
• B) Systematic and rational allocation of cost over the periods benefited
• C) Immediate recognition of an expense
• D) Minimization of income tax liability

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Definitions:

Communications Control

The management and regulation of the transmission of information over communication networks to ensure security, reliability, and efficiency.

Equifax Data Breach

An incident in 2017 where personal information of approximately 147 million people was exposed due to a vulnerability in Equifax's system.

Most Expensive Option

The choice among available alternatives that requires the highest investment or cost when making a decision.

Site

A specific location on the Internet, often referred to as a website, where content related to a particular topic or organization is hosted.