Match the Terms with the Definitions

question 11

Multiple Choice

Match the terms with the definitions.
-Assets that are expected to provide benefits for a number of accounting periods.

• A)Accelerated Cost Recovery System (ACRS)
• B)accelerated depreciation methods
• C)amortization
• D)trademark
• E)cash equivalent price
• F)long-term assets
• G)copyright
• H)cost
• I)patent
• J)depreciable cost (base)
• K)depreciation
• L)physical depreciation
• M)tangible assets
• N)sum-of-the-years'-digits method
• O)salvage value
• P)property, plant, and equipment

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Definitions:

Touch-Up Photos

The process of making minor adjustments to photographs to improve their overall appearance, such as correcting blemishes or adjusting color balance.

Real Estate Agent

A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions, often facilitating negotiations and agreements between parties.

Desktop

The primary display screen of a user interface on a computer, where windows, icons, and files appear.

Computer-Aided Manufacturing

A form of automation where computer software controls machinery and manufacturing processes.