For the Following Questions, Select the Letter of the Answer

question 1

Multiple Choice

For the following questions, select the letter of the answer that correctly identifies each type of prewriting.

This prewriting is an example of

• A) focused freewriting.
• B) brainstorming.
• C) clustering.
• D) asking questions.
• E) keeping a journal.

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Definitions:

Depreciable Asset

A Depreciable Asset is a tangible asset subject to depreciation, which allows for the allocation of its cost over its useful life.

Capital Expenditure

Money spent by a business to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues, indicating the company's financial health over a specific period.

Preparation Costs

Expenses incurred in getting assets or products ready for use or sale.