Depreciation Is the Process of

question 88

Multiple Choice

Depreciation is the process of

• A) valuing an asset at its fair value.
• B) increasing the value of an asset over its useful life in a rational and systematic manner.
• C) allocating the cost of an asset to expense over its useful life in a rational and systematic manner.
• D) writing down an asset to its real value each accounting period.

---

Definitions:

Incentive

A factor, either monetary or non-monetary, that motivates individuals or entities to take a particular action.

Sales Agents

Individuals or entities that act on behalf of a company in selling and marketing its products or services to customers.

Best Interests

Acting in a way that is most beneficial to the welfare or advantage of an individual or group.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives to achieve a desired outcome.