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Match Each Definition in the First Column to the Correct

question 6

Multiple Choice

Match each definition in the first column to the correct term in the second column.
-A muscular tube that absorbs water and some nutrients and stores waste material.


Definitions:

Double-Declining-Balance

A method of accelerated depreciation where an asset's book value is reduced at double the rate of traditional straight-line depreciation.

Book Value

The net value of an asset, calculated as the original cost minus accumulated depreciation, depletion, or amortization.

Plant Asset

Long-term tangible asset that is used in the production process of a company, such as machinery, buildings, and equipment, contributing to the company's operations.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

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