The Depreciable Amount of an Asset Is Defined as the

question 60

Multiple Choice

The depreciable amount of an asset is defined as the

• A)original cost less residual value.
• B)original cost less depreciation.
• C)original cost less accumulated depreciation.
• D)original cost.

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Definitions:

Spade

A tool with a broad, flat blade, typically used for digging or cutting earth.

Standard Deck

Refers to a complete set of playing cards typically consisting of 52 cards, divided into four suits: hearts, diamonds, clubs, and spades.

Probability

An event's occurrence probability measured by a number ranging from 0 to 1.

Heart

A muscular organ in most animals, which pumps blood through the blood vessels of the circulatory system.