The Allocation of the Cost of an Asset to Expense

question 211

Short Answer

The allocation of the cost of an asset to expense over its useful life is called _________________ for tangible plant assets ________________ for natural resources and _________________ for intangible assets.

---

Definitions:

Mindfulness Meditation

A meditation practice focusing on being intensely aware of what you're sensing and feeling in the moment, without interpretation or judgment.

Biofeedback

A method enabling people to enhance their health by managing typically automatic bodily functions, like their heart rate or blood pressure.

Life Expectancy

The average period that an individual is expected to live based on demographic factors like current age, gender, and health conditions.

Social Support

Refers to the physical and emotional comfort given to us by our family, friends, co-workers, and others. It's knowing that we are part of a community of people who love and care for us and value and think well of us.