Which of the Following Is a Key Difference Between Depreciation

question 87

Multiple Choice

Which of the following is a key difference between depreciation and amortization?

• A) Amortization is applicable for long-term assets, whereas depreciation is applicable for short-term assets.
• B) Depreciation applies to tangible assets, whereas amortization applies to intangible assets.
• C) Amortization is calculated for liabilities, whereas depreciation is calculated for assets.
• D) Amortization is calculated for assets, whereas depreciation is calculated for liabilities.
• E) Depreciation is applicable for long-term assets, whereas amortization is applicable for short-term assets.

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Definitions:

Sensory Memory

The shortest-term element of memory, capable of retaining impressions of sensory information after the original stimuli have ended.

Visual Stimuli

Refers to any objects or events that are seen and can influence a person's behavior or emotional state.

Iconic Memory

A type of visual sensory memory that holds an exact copy of the scene in front of a person for a very brief period of time.

Sensory Memory

The shortest-term element of memory, which allows the ability to retain impressions of sensory information after the original stimuli have ended.