Because the Student Is Also Expected to Continue ____________________ While

question 2

Short Answer

Because the student is also expected to continue ____________________ while earning, the trainee must be prepared to attend school to obtain the necessary technical and related instruction.

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Definitions:

Depreciation Expense

Depreciation expense is the allocated portion of the cost of a fixed asset, recognized over its useful life, reflecting its decline in value.

Useful Life

The estimated period of time over which an asset is expected to be used by an organization before it is fully depreciated.

Accrued Revenue

Income that has been earned but not yet received or recorded at the date of the financial statements.

Deferred Revenue

Revenue that has been received by a company for goods or services yet to be delivered or performed.