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Match the Concept, Term, or Theory with Its Correct Response

question 72

Multiple Choice

Match the concept, term, or theory with its correct response or definition.
-The moral principles that guide our communication behaviors.


Definitions:

Depreciation Expense

It is an accounting method of allocating the cost of a tangible asset over its useful life.

Residual Value

The estimated amount that an asset will realize upon its disposal at the end of its useful life.

Straight-Line Depreciation

A method of calculating the depreciation of an asset evenly over its useful life, assigning a fixed expense amount to every accounting period.

Fixed Asset

A durable, physical asset that a company possesses and employs in its business activities to produce revenue.

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