Accounting Recognizes That Assets, Such as Machinery and Buildings, Lose

question 213

Multiple Choice

Accounting recognizes that assets, such as machinery and buildings, lose value over time. Accountants will record a portion of the cost of an asset as an expense each year through the use of

• A) asset valuation.
• B) asset audits.
• C) appreciation.
• D) depreciation.

---

Definitions:

Academic Motivation

The internal drive or desire to achieve academic goals and succeed in educational settings.

Educational Growth

The process of acquiring knowledge, skills, values, and attitudes, leading to intellectual development and the expansion of one's understanding and capabilities.

Environmental Factors

Elements within the external surroundings that can influence an organism's development, behavior, and survival.

Anorexia Nervosa

A psychological and potentially life-threatening eating disorder characterized by an extremely low body weight, an intense fear of gaining weight, and a distorted perception of body weight and shape.