Recording Depreciation Is an Application of The

question 50

Multiple Choice

Recording depreciation is an application of the:

• A)expense recognition principle ("matching").
• B)cost principle.
• C)separate entity assumption.
• D)unit-of-measure assumption.

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Definitions:

Nephridiopores

External openings of the nephridia, which are excretory organs in many invertebrates, allowing waste to exit the body.

Nephridia

Excretory organs in many invertebrates, including annelids and mollusks, that filter fluid directly from the body cavity.

Mollusks

A diverse group of invertebrate animals with a soft body, many of which have a hard shell, including snails, clams, and squid.

Protonephridia

A type of excretory and osmoregulatory system found in some invertebrates, consisting of a network of tubules ending in flame cells.