The Systematic Allocation of the Costs of Natural Assets to Expense

question 54

Multiple Choice

The systematic allocation of the costs of natural assets to expense is called

• A) amortization.
• B) depreciation.
• C) impairment.
• D) depletion.

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Definitions:

Anatomy

The branch of biology and medicine that studies the structure and organization of living organisms.

Structure

The arrangement or organization of parts to form an organism, system, or object, often determining its function and nature.

Physiology

The science that deals with the functions and processes of living organisms and their parts.

Homeostasis

The method through which living beings keep a consistent inner state regardless of variations in the outside world.