Which of These Is NOT One of the BRIC Countries

question 25

Multiple Choice

Which of these is NOT one of the BRIC countries?

• A) Bulgaria
• B) Russia
• C) India
• D) China
• E) These are all BRIC countries.

---

Definitions:

Straight-Line Basis

A method of calculating depreciation or amortization that spreads the asset's cost evenly across its useful life.

Accumulated Depreciation

The total amount of an asset's cost that has been expensed over time due to wear and tear, obsolescence, or age.

Residual Value

The projected sum an asset will fetch at the time of sale, once it has surpassed its lifespan.

Straight-Line Method

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.