Depreciation Can Be Thought of As

question 46

Multiple Choice

Depreciation can be thought of as:

• A)the cost of wear and tear on physical assets such as equipment
• B)a discount placed on aspects of your business
• C)the result of business losses
• D)the value of used goods

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Definitions:

Parentheses

Punctuation marks used in writing to enclose additional information or clarify something without interrupting the main text.

Cash Payments

Transactions that involve the outlay of cash by a business for various purposes, including expenses, acquisitions, or debt repayments.

Cost of Goods Sold

The direct costs attributed to the production of the goods sold by a company, including materials and labor.

Accounts Payable

A liability to a creditor, carried on an open account, usually for purchases of goods and services.