Match the Terms with Their Descriptions

question 7

Multiple Choice

Match the terms with their descriptions.
-__ net realizable value

• A) measures an asset's value at how much it would cost to replace.
• B) measures an asset's value at how much an organization paid to acquire an asset.
• C) measures an asset's value based on market values.
• D) measures an asset's value based on the expected amount of income (less applicable expenses) an asset would generate.
• E) measures an asset's value at how much it could be sold for, including net of any sales costs. f) measures an asset's value based on how much it cost adjusted for changes in inflation.

---

Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and everyday life, including digital, mechanical, and medical advancements.

Labour Productivity

A measure of economic performance that compares the amount of goods and services produced with the number of hours worked.

Manhole Covers

Heavy, typically circular plates that cover manholes, providing access to underground utilities while preventing accidents or unauthorized entry.

Foundry

An industrial facility where metals are melted and cast into shapes by pouring the molten metal into molds.