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Summarize the criticisms that have been made of Kohlberg's theory of moral development in terms of (a) accelerating development, (b) the use of moral dilemmas to assess stages of moral development, (c) the types of issues that Kohlberg was interested in, and (d) the role of characteristics other than moral reasoning.
Units-Of-Activity
A method for allocating depreciation based on the actual usage, work, or units of production of the asset, rather than passage of time.
Residual Value
The approximate worth of an asset when it reaches the end of its usable life.
Depreciable Cost
This refers to the total cost of an asset that is subject to depreciation over its useful life, including the purchase price and any additional costs necessary to make the asset usable.
Journal Entry
A record of a transaction in the general journal, indicating the accounts and amounts to be debited and credited.
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