The Cost of an Intangible Asset Is Systematically Allocated to Depreciation

question 137

True/False

The cost of an intangible asset is systematically allocated to depreciation expense over its estimated useful life.

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Definitions:

OTE Instruction

An "Output Energize" instruction used in PLC programming to turn on or off a specified output.

Energize Output

The process of activating an output device, such as a motor or relay, based on the logic conditions met in a control program.

XIC Instruction

In Ladder Logic programming for PLCs, an instruction representing "Examine If Closed"; used to check if a contact is on.

Physical Input

An actual, tangible input (such as a button press or sensor signal) received by a device or system.