Examlex

Solved

MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 35

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Contains the information when two files are linked


Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for a fixed asset over its useful life.

Disposal

The act of selling or getting rid of an asset or a portion of a business.

Laptop Computer

A portable personal computer with a screen and alphanumeric keyboard.

Loss on Disposal

The financial loss recorded when an asset is sold or disposed of for less than its carrying amount on the balance sheet.

Related Questions