Which of the Following Is a Characteristic of Accumulated Depreciation

question 75

Multiple Choice

Which of the following is a characteristic of accumulated depreciation account?

• A) Accumulated depreciation represents cash reserved for asset replacement.
• B) Accumulated depreciation account is a contra-liability account.
• C) Accumulated depreciation may be disclosed in the notes to the income statement.
• D) Accumulated depreciation is reported on the balance sheet as a deduction from the cost of the asset.

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Definitions:

Mindfulness Meditation

A practice of concentrated focus upon a sound, object, visualization, the breath, movement, or attention itself in order to increase awareness of the present moment, reduce stress, promote relaxation, and enhance personal and spiritual growth.

Traditional Chinese Medicine

A holistic approach to health care originating from China, incorporating methods like herbal medicine, acupuncture, and qi gong to balance the body's energy.

Acupressure

A form of traditional Chinese medicine where pressure is applied to specific points on the body to alleviate pain or to treat various health conditions.

Tui Na

A form of Chinese manipulative therapy often used in conjunction with acupuncture, moxibustion, and other traditional Chinese medical practices for therapeutic effects.