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:

Acceptability

The degree to which a concept, behavior, or product is considered appropriate or suitable within a social context.

Social Cohesion

The bonds that bring people together and create a sense of belonging in society, characterized by strong relationships, trust, and cooperation among members.

Functionalists

Scholars or theorists who view society as a complex system whose parts work together to promote solidarity and stability.

Deviance

Behaviors or actions that violate societal norms and expectations.