Examlex

Solved

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

question 34

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-A connection between two files allowing information to be transferred from one file to the other


Definitions:

Salvage Value

The predicted residual value of an asset upon reaching the end of its practical lifespan.

Depreciation Expense

The allocated amount of the cost of a tangible or physical asset over its useful life.

Useful Life

The estimated period over which it is expected that an asset will be profitable or useful to its owner.

Units-Of-Activity

A depreciation method that allocates the cost of an asset over its useful life based on its actual usage or activity level.

Related Questions