Match the Terms with the Definitions

question 87

Multiple Choice

Match the terms with the definitions.
-The loss of usefulness because of inadequacy or obsolescence.

• A)Accelerated Cost Recovery System (ACRS)
• B)intangible assets
• C)Modified Accelerated Cost Recovery System (MACRS)
• D)book value
• E)cash equivalent price
• F)conservatism
• G)straight-line method
• H)tangible assets
• I)depletion
• J)depreciable cost (base)
• K)trade-in allowance (trade value)
• L)double-declining-balance method
• M)functional depreciation
• N)units-of-production method

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Definitions:

Mean

To determine the arithmetic average, one sums up every number in the collection and divides by the number of elements in the collection.

Standard Deviation

An indicator that measures how much a set of data points spread out or diverge.

Z-Score

An index that quantifies how far a particular value stands from the dataset's mean, measured in units of standard deviations away from the mean.

Z-Scores

A measure that represents the number of standard deviations a data point is from the mean of the dataset.