What Does the Abbreviation CBT Mean

question 83

Multiple Choice

What does the abbreviation CBT mean?

• A) compulsive behavior therapy
• B) counter-blocking therapy
• C) complete brain testing
• D) cognitive-behavioral therapy

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Definitions:

Depreciable Cost

Depreciable cost is the cost of a fixed asset minus its salvage value, over which the asset's cost can be depreciated over its useful life.

Partial Year

A term referring to a portion of a year, often used in the context of accounting and financial analysis for periods less than 12 months.

Gain or Loss

The financial result from selling an asset for more (gain) or less (loss) than its carrying amount on the books.

Disposal

The process of getting rid of an asset, including selling, scrapping, or another method of removal from the company's possession.